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0.000251635129062982 -0.000244645264366559 -9.98552099454881E-05 0.000823805482051128 -0.00224674222377547 -0.00224674222377547 -0.00224674222377547 -0.00224674222377547
Stock impact report

Which Discover jobs are disappearing [Yahoo! Finance]

Capital One Financial Corporation (COF) 
Last capital one financial corporation earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
As Capital One Financial reduces the size of the Discover Financial Services workforce this year, it's particularly focused on jettisoning employees listed as an “application engineer,” according to plans the bank shared with Illinois and local state officials earlier this year. In a Feb. 25 letter to those officials, Capital One provided a table chart with the types of roles that it plans to cut, starting next month. The bank's shrinking of the workforce comes about a year after Capital One completed the acquisition of Discover last May after announcing the $35 billion deal in February 2024. Application engineers are targeted for the biggest cut. In the largest cut, the bank plans to get rid of 124 such engineers by May 4, according to the table. The second biggest cut will nix another 54 senior associate application engineers, and the third largest reduction will eliminate 38 employees principal application engineers, both by the same May date. Application engineers at Discov Show less Read more
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