Capital One Layoffs Job Cut: may fire 180 employees at Baton Rouge

The news is not good for the employees of the Capital One, which is the world famous credit card company . We had reported about American Express AmEx Layoffs Job Cuts and now the Capital One is going for layoffs. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the Capital One Organization, which may be going for layoffs.
How many employees may be fired in the Capital One layoffs?
As per the reports, there can be around 140 layoffs by Capital One.

What is the total no. of employees of Capital One?
The total no. of employees of Capital One is not known as of now.

What will be the cost and savings by Capital One layoffs?
No info about that.

When will the Capital One layoffs happen?
Around 70 % of the job cuts will happen by July while the remaining will go in November.

Which locations and department of employees will be affected by the Capital One layoffs ?
As reported, Baton Rouge will be the location affected. Capital One Direct Bank Department in the Industriplex Office Park and are with the small business customer for their enquiries on the phone.

What is the primary reasons for Capital One layoffs?
The primary reasons for layoffs is consolidation of operations. The job cuts here will be for shifting these jobs to Texas and Maryland and will add 70 positions there.

Any other news about Capital One layoffs
As per WaFb, Thorpe says the workers were notified now in order to "give them ample opportunity to post for other jobs within Capital One or seek other employment."
Let's hope that alternative jobs are available to the affected employees of Capital One Layoffs Job Cut