Capital One laying off another 1,100-plus employees at former Discover headquarters in Riverwoods [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
The employees, whose roles span a variety of job titles at Discover Financial Services, were given notice Feb. 23 that their positions were being eliminated. The last day for most of the employees being laid off is May 4, the company said. “As part of our continued journey to integrate Discover with Capital One, we announced the difficult decision to eliminate some Discover associate roles across the organization,” a Capital One spokesperson said in a statement Thursday. Capital One filed a WARN notice with the state earlier this week in connection with the latest round of layoffs. Last fall, it notified the state of nearly 600 layoffs at the Riverwoods facility. The total number of employees downsized out of a job in the wake of the merger now stands at 1,748, according to the online filing. In February 2024, Virginia-based Capital One announced it was buying Discover for $35 billion, merging two of the largest credit card companies, but ending a long run for a Chicago-area co
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MA
Earnings
- 1/29/26 - Beat
MA
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- MA's page on the SEC website