Capital One has confirmed news of redundancies will not impact UK staff
An international bank holding company with its UK headquarters in Nottingham has confirmed news of redundancies will not impact UK staff. Capital One, an American financial corporation with a UK base in Nottingham, announced on Thursday, January 19, that it has cut 1,100 jobs from its technology segment.
However, these positions were only cut in its US side of business and has no connection to its operations in the UK, meaning its staff in Nottingham and London do not need to worry over the announcement. Capital One specialises in credit cards, as well as auto loans, savings accounts and other forms of banking.
It has been reported that all of the employees were invited to apply for different roles in the company after the redundancies were announced. Additionally, a range of roles with the company are currently available at its headquarters in Nottingham, including for software engineers, cyber security operations manager and specialist customer support.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Offshore worker sparks rescue mission after vanishing 100 miles off Scots coastConcerns were reportedly raised on Sunday night after the man was reported missing from an offshore installation around 100 miles south-east of Aberdeen.
Read more »
TikTok’s 100 Envelopes Challenge Works—Sort OfThe benefit of the '100 Envelopes Challenge' is that it starts small and encourages constant, conscious saving that builds quickly. But the trend may not be the most effective way to put away money, according to financial experts
Read more »
Portishead boy joins Mensa after teaching himself to read aged two“Well mummy, I’m counting in Mandarin” Boy who taught himself to read as a toddler accepted as the UK's youngest member of Mensa
Read more »
Everton make Frank Lampard sack decision with announcement 'inevitable' on Monday - Football365Everton are expected to sack manager Frank Lampard on Monday. EFC
Read more »
The Doomsday Clock explained as time change announcement loomsThe Doomsday Clock is updated by the Bulletin of Atomic Scientists every year - here's what it means and why it's important
Read more »