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Capital One announces major layoffs hitting hundreds

Summary by Newsweek
This round of layoffs comes after Capitol One laid off nearly 600 workers last year and the acquisition of Discover in 2024.

3 Articles

Real Clear PoliticsReal Clear Politics
Lean Right

Discover's Takeover by Capital One Costing Chicagoland Jobs

·Chicago, United States
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NewsweekNewsweek
Center

Capital One announces major layoffs hitting hundreds

This round of layoffs comes after Capitol One laid off nearly 600 workers last year and the acquisition of Discover in 2024.

·United States
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Country HeraldCountry Herald

Riverwoods, IL - Capital One to Lay Off 1,748 at Lake Cook Rd Site

Country Herald is Local News, Independent Pulse. Covering breaking local news, sports, lifestyle and events. Riverwoods, Illinois — Capital One plans to lay off 1,748 employees at its Lake Cook Road campus following its acquisition of Discover Financial Services. According to a Worker Adjustment and Retraining Notification (WARN) filing with the Illinois Department of Commerce and Economic Opportunity, the layoffs will affect workers at 2500 Lak…

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Newsweek broke the news in United States on Friday, March 6, 2026.
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