Banking & Finance · United States
Capital One layoffs
Capital One has announced job cuts 4 times since Jan 2023. Where it gave numbers, they add up to 2,836 jobs. The latest was in Mar 2026: 1,139 jobs.
Latest event: Mar 2026
People affected
3K
Across tracked announcements
Announcements
4
Jan 2023 → Mar 2026
AI-attributed
0%
Of affected people
The short version
- Biggest round: Mar 2026, 1,139 jobs.
- None of these cuts was publicly blamed on AI.
- That is the 16th largest total among the 47 Banking & Finance employers we track.
- We track 227 employers in United States with layoffs since 2022.
Every round, newest first
- −1,139
Capital One filed an Illinois WARN notice to lay off 1,139 employees at the former Discover headquarters in Riverwoods.
Source: NBC Chicago
- −382
Capital One told Illinois it would cut about 382 jobs at Discover's Riverwoods headquarters in phases as it integrated the acquisition.
Source: Payments Dive
- −215
Capital One wound down Discover Home Loans after a strategic review, eliminating 215 jobs according to a WARN letter.
Source: Payments Dive
- −1,100
Capital One eliminated about 1,100 agile technology roles, according to Bloomberg reporting.
Source: Banking Dive
Common questions about Capital One
- How many people has Capital One laid off?
- We have tracked 4 rounds of cuts at Capital One since Jan 2023. The rounds with a stated headcount add up to 2,836 jobs.
- When was the latest Capital One layoff?
- Mar 2026: 1,139 jobs. Capital One filed an Illinois WARN notice to lay off 1,139 employees at the former Discover headquarters in Riverwoods.
- Did Capital One blame AI for its layoffs?
- No. None of the 4 rounds we track was publicly tied to AI by Capital One or in credible reporting.
Working at Capital One, or somewhere like it?
Check your company against the 15 warning signs we saw before cuts like these, or see how exposed your own role is.
Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.