Capital One schedules further layoffs at Discover HQ

Capital One Financial has informed Illinois state officials of additional job reductions at Discover’s offices in the Chicago area. The latest filing shows that 1,075 staff will be laid off in May, with a further 81 departures planned for 1 June. This update was posted this week on the state’s layoff notification site. These new figures mean Capital One has now scheduled a total of 1,748 job cuts in Illinois, set to take place between October 2025 and this coming October, according to official records. ...