Capital One Restructures Its Card Division, Leading To Job Cuts Here


By Carol Hazard, Richmond Times-Dispatch

Capital One Financial Corp., a major employer in the Richmond area, has cut positions at locations across the country — including here — as part of a restructuring.

The McLean-based credit card and financial services company is not saying how many positions were affected by the reorganization.

However, some employees will take on new work and responsibility, while other positions will be eliminated, the company said in a statement released Thursday.


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