Capital One Financial has notified Illinois state officials of additional job cuts at Discover’s Chicago-area offices.
The latest filings show 1,075 employees will be laid off in May, with another 81 departures planned for June 1.
That update was posted on the state’s layoff notice site this week.
The new figures mean Capital One is currently scheduled to cut 1,748 jobs in Illinois between October 2025 and next October, according to official records.
A Capital One spokesman said Thursday that the layoffs affect a range of positions at Discover.
In an official letter to the government, the company outlined plans to cut at least 1,139 jobs in 302 different roles as announced on February 23.
Of those affected, about 532 work at the Riverwoods campus, while 69 are Illinois-based remote workers.
Also includes another 538 remote employees outside of Illinois but reporting to Riverwoods. Effective positions include senior roles such as vice presidents of finance, technology, business risk and enterprise services.
According to Capital One, the Riverwoods office will remain open and other operations will continue there.
The layoffs follow Capital One Financial’s completion of its $35.3bn acquisition of Discover Financial Services last year.
In an emailed statement, the spokesperson said: “As part of our ongoing journey to integrate Discover with Capital One, we have announced the difficult decision to eliminate certain Discover partner roles across the organization.
“Our focus right now is on fully supporting our colleagues affected by this change. We have provided affected employees with at least 60 days notice and we are providing comprehensive career transition support, including enhanced severance, benefits and outplacement resources.”
“Capital One Schedules More Layoffs at Discover HQ” was originally developed and published by Retail Banker International, a brand owned by Global Data.
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