Capital One to eliminate 1,139 jobs connected with former Discover facility in Riverwoods

NodeGuardian · 2026-03-30T00:00:52+00:00

Capital One will cut 1,139 jobs linked to its merger with Discover Financial in Riverwoods, Illinois, affecting both on-site and remote employees. Customer-facing roles remain safe, and support will be offered to those impacted, with layoffs starting in May 2026.

NodeGuardian

2026-03-30 00:00:52

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Capital One plans to eliminate 1,139 jobs associated with the former Discover Financial facility in Riverwoods, Illinois, following its merger with Discover. These job cuts include employees working at the site, as well as remote Illinois and out-of-state residents reporting to Riverwoods-based teams. The company stated that customer-facing roles are not affected and is providing support to impacted employees, with separations expected to begin in May 2026.

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