Capital One to Eliminate 180 Louisiana Jobs

Capital One Bank has notified 180 employees in Baton Rouge, Louisiana of their impending unemployment.

Most of those targeted work at the Capital One Direct Bank Department in Baton Rouge. The rest work at the bank’s downtown headquarters.

Capital One will create 70 new positions at facilities in Texas and Maryland.

Most of the layoffs will take place by July, with the remainder by November.

Capital One Financial is a McLean, Virginia-based bank holding company specializing in credit cards, home loans, auto loans, banking, and savings products. A member of the Fortune 500, the company helped pioneer the mass marketing of credit cards in the early 1990s, and it is now the fourth largest customer of the United States Postal Service and has the 8th largest deposit portfolio in the United States.

Career Connect (From our other career blogs):

Employment News (Sponsored by EmploymentSpectator)
Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
Layoff News (Sponsored by LayOffWatch)

Testimonial of the Week

By using Employment Crossing, I was able to find a job that I was qualified for and a place that I wanted to work at.

Madison Currin Greenville, NC

+ Read More Testimonial

Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.

We have more jobs than any other job board.
We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
We collect jobs from more than 4,429,376 websites and post them on our site.
We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.