Capital One and Discover Merger: Layoffs and Local Impact
Update: 2025-10-22
Description
Capital One's $35 billion Discover merger triggers massive layoffs and community concerns! Hundreds axed as Capital One shrinks Discover's home equity business, sparking fears for Discover's Illinois headquarters. But, Capital One is doubling down on community promises, boosting Chicago call center jobs. What does this mean for the future of credit cards and local economies?
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
