Capital One cutting hundreds of tech jobs - Dallas Business Journal

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Capital One is cutting hundreds of technology jobs as it looks to integrate its agile development practices into its core engineering.

Consumer-lending giant Capital One Financial Corp. is eliminating hundreds of technology jobs, according to multiple reports., which was the first to report on the cuts.

Affected Capital One employees have been encouraged to apply for other roles with the banking company or they’re eligible for 16-week severance packages, according to reports.

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