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Wednesday, November 26, 2025

Capital One Layoffs: Your Rights and Severance Pay Explained - Samfiru Tumarkin LLP

Facing a Layoff at Capital One? Know Your Options

Capital One is a U.S.-based financial services company headquartered in McLean, Virginia.

Founded in 1994, the company offers credit cards, personal loans, auto financing, and banking services. In Canada, Capital One operates primarily in the credit card market, issuing cards through partnerships with major retailers and offering a variety of consumer and business credit products. Capital One Canada is headquartered in Toronto, Ontario.

The company employs over 850 professionals in Canada in roles such as customer service representatives, data scientists, software engineers, compliance analysts, and marketing specialists. Capital One bought Discover for $35.3 billion on May 18, 2025.

Your Rights as a Non-Unionized Employee

The financial industry comes with unique dynamics that can affect employees during a layoff. If you’ve been let go from Capital One, it’s critical to review your employment agreement carefully.

We’re Here to Support Your Next Steps

Losing your job is more than just a financial setback—it’s a major change that can impact your career trajectory and personal confidence.

This guide is here to provide clarity and empower you during this transition.

We’ll outline your severance rights, explain what non-unionized employees are entitled to, and offer actionable steps to help you move forward and protect your future.

Wondering about your rights after losing your job? Watch the video below or check out the full...



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