Capital one folks: I heard chatter of reorg to your engineering and design teams on another platform (blind) this year. Does Cap1 do this fairly regularly or was this reorg accompanied by layoffs? What is the firm's history with layoffs?

Deciding when is the best time to apply, should I wait till next year til the dust settles?

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Reorgs happen frequently at the VP level for political reasons (more scope for specific people). We had a hiring freeze to avoid layoffs in the summer but we’re back to normal hiring again. There was a layoff with the Canadian call center but none for US teams.

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