Capital One Cutting More Discover Jobs, Part of “Continued Integration Efforts”

What’s Happening at Capital One?

Capital One is reportedly planning to eliminate more jobs at Discover Financial Services (Discover) — just months after acquiring the firm.

According to reports, approximately 366 employees are expected to be let go on Nov. 17. In March 2026, another 16 individuals will leave Discover.

“When we first announced the acquisition of Discover, we acknowledged that combining two companies would bring with it some difficult choices and changes,” a Capital One spokesperson told Payments Dive.

“After careful consideration, we announced a decision to eliminate some roles as part of our continued integration efforts.”

Currently, Discover has more than 50 employees in Canada, according to LinkedIn.

• SEE ALSO: Layoffs in Canada: Which Employers are Slashing Staff?

Next Steps for Discover Employees

If you lose your job at Discover or Capital One, understanding your legal rights is crucial.

Non-unionized employees in Canada are entitled to severance pay. This includes individuals working full-time, part-time, or hourly in Ontario, Alberta, and British Columbia (BC).

The amount you’re owed is based on a variety of factors, including your role, tenure, age, and ability to find similar work.

📺 WATCH: Everything Non-Unionized Employees Need to Know About Severance Pay

Key Severance Facts:

• Compensation: Severance packages, which can be as much as 24 months’ pay, may include salary, bonuses, commissions, and other forms of compensation. Use our firm’s free Severance Pay Calculator to better understand your entitlements.
• Deadlines: You generally have up to 2 years from the date of your termination to review and negotiate severance offers.
• Action steps: Consult an employment lawyer at Samfiru Tumarkin LLP to ensure your severance package is fair and aligns with Canadian employment laws.

Get Help Now

📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.

Our lawyers in Ontario, Alberta, and BC have helped tens of thousands of non-unionized individuals resolve their workplace issues, including wrongful dismissals.

If you’ve lost your job at Discover or Capital One for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.