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Capital OneNews

Major financial corporation announces more layoffs in Illinois

What happened

Capital One Financial plans to lay off at least 276 more workers from its Riverwoods, Illinois site between August 6 and September 4, 2026.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Capital One Financial has announced plans to lay off more workers in Illinois due to financial restructuring. The company reported its intention to lay off at least 276 more workers from its Riverwoods site, according to a supplemental Worker Adjustment and Retraining Notification on June 2. The layoffs are expected to take place between Aug. 6 and Sept. 4, according to information submitted to the Illinois Department of Commerce and Economic Opportunity. A Capital One spokesperson said 141 of the affected employees work at the Riverwoods facility. An additional 10 are Illinois residents who work remotely, and the remaining 125 are non-Illinois residents who work remotely, but report to the Riverwoods site. "As part of our continued journey to integrate Discover with Capital One, we announced the difficult decision to eliminate some Discover associate roles across the organization," a Capital One spokesperson said. Capital One previously submitted a supplemental WARN notice on Sept. 16, 2025, that announced plans to lay off 382 workers from Riverwoods facility on Nov. 17, 2025, and 10 more on Dec. 19, 2025. The corporation also reported last August that it would lay off nearly 200 employees in October 2025 and 22 more employees in May 2026.

pjstar.com/story/news/state/2026/07/17/more-illinois-workers-to-lose-...Read the full source

Extracted by Autobound

From the Signal API record
Event
News

What this signalsCuts often push teams toward cost and efficiency tools.

Headcount
276
Issue
financial restructuring
Takes effect
Aug 6, 2026
Location
Riverwoods, Illinois, United States

The full record

From the Signal API record

Numbers

Headcount named in the story
276

Details

Issue named
financial restructuring

Extraction

Confidence
95%
Detected
Jul 17, 2026
signal_type
news
signal_subtype
decreases_headcount_by

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d66325f8-4d64-8236-b80c-d20bcda5d893 returns this record as JSON. POST /v1/companies/enrich returns every signal for capitalone.com.

{
  "signal_id": "d66325f8-4d64-8236-b80c-d20bcda5d893",
  "signal_type": "news",
  "signal_subtype": "decreases_headcount_by",
  "detected_at": "2026-07-17T08:05:00+00:00",
  "company": {
    "name": "Capital One",
    "domain": "capitalone.com"
  },
  "data": {
    "url": "https://www.pjstar.com/story/news/state/2026/07/17/more-illinois-workers-to-lose-job-because-of-capital-one-layoffs-in-riverwoods-il/90906458007/",
    "title": "Major financial corporation announces more layoffs in Illinois - Peoria Journal Star",
    "excerpt": "Capital One Financial has announced plans to lay off more workers in Illinois due to financial restructuring. The company reported its intention to lay off at least 276 more workers from its Riverwoods site, according to a supplemental Worker Adjustment and Retraining Notification on June 2. The layoffs are expected to take place between Aug. 6 and Sept. 4, according to information submitted to the Illinois Department of Commerce and Economic Opportunity . A Capital One spokesperson said 141 of the affected employees work at the Riverwoods facility. An additional 10 are Illinois residents who work remotely, and the remaining 125 are non-Illinois residents who work remotely, but report to the Riverwoods site. “As part of our continued journey to integrate Discover with Capital One, we announced the difficult decision to eliminate some Discover associate roles across the organization,” a Capital One spokesperson said. Capital One previously submitted a supplemental WARN notice on Sept. 16, 2025, that announced plans to lay off 382 workers from Riverwoods facility on Nov. 17, 2025, and 10 more on Dec. 19, 2025. The corporation also reported last August that it would lay off nearly 200 employees in October 2025 and 22 more employees in May 2026.",
    "summary": "Capital One Financial plans to lay off at least 276 more workers from its Riverwoods, Illinois site between August 6 and September 4, 2026.",
    "location": "Riverwoods, Illinois, USA",
    "planning": true,
    "headcount": 276,
    "image_url": "https://www.pjstar.com/gcdn/authoring/authoring-images/2026/04/23/USAT/89749263007-20251201-t-193707-z-393051429-rc-2-v-7-iad-8-ldq-rtrmadp-3-capitaloneresults.JPG?crop=2999,1687,x0,y200&width=2999&height=1687&format=pjpg&auto=webp",
    "confidence": 0.95,
    "published_at": "2026-07-17T08:05:00Z",
    "location_data": [
      {
        "city": "Riverwoods",
        "state": "Illinois",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "vulnerability": "financial restructuring",
    "effective_date": "2026-08-06",
    "article_sentence": "The company reported its intention to lay off at least 276 more workers from its Riverwoods site, according to a supplemental Worker Adjustment and Retraining Notification on June 2."
  }
}

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