https://www.forbes.com/sites/brianbushard/2023/01/19/capital-one-reportedly-cutting-1100-employees-as-2023-layoffs-continue/?utm_campaign=forbes&utm_source=twitter&utm_medium=social&utm_term=Gordie&sh=6c9c67df6f8b
January 19Capital One reportedly slashed 1,100 technology positions, a source familiar with the matter told Bloomberg—Capital One did not immediately respond to Forbes’ request for comment, although a spokesperson told Bloomberg that affected employees were told they could apply for other roles in the company.
January 19Student loan servicer Nelnet announced it will let go of 350 associates hired over past next six months, while another 210 will be cut for “performance reasons,” telling Insider the cuts come as President Joe Biden’s student debt forgiveness program continues to stall after facing legal challenges from conservative groups opposed to the measure.
