Layoffs #2 for Capital Group. This place is just like any other place out there maybe worse... - Anonymous employee Capital Group Employee Review

2.0
Jun 13, 2009
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

1. IT gives you access to Facebook, MySpace, almost any website you want. 2. Clueless management. If you actually do work, it's easy to shine at this company.

Cons

1 and 2 as listed in the Pros section. Senior management not sensitive to HR related issues. Promotion based on seniority rather than skill sets (i.e. a person becomes a manager despite lack of management experience). There are a lot of CG employees who have been at the company yet do not really know the business that well too. Cliques involving management are aplenty; in other words, if you are a regular employee who is friends with a manager, you will get special treatment (i.e. be given more opportunities than others in order to be seen as valuable to the company and "layoff-proof"). If you aren't a friend with a manager, you will be harassed. In a nutshell, you need to be cordial to the clique otherwise face a bad review. No discipline for those who do not work because of this "everyone is nice to each other attitude". Constantly changing processes and organizational structure. This is a result of people trying to be "innovative"; the normal behavior of an "innovator" is one who wants to accomplish things without having thoughtful analysis of the process. Oftentimes, there is no tracking of what changed or analysis before changing something; it just is changed.

Explore other reviews about Capital Group

5.0
Apr 23, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Amazing place to work Compensation is great People are truly kind

Cons

Advancement is slow - not a great place to grow your career

1.0
Jun 20, 2026
Recommend
CEO approval
Business Outlook

Pros

The bonuses and CSRP of 15% as well as many benefits are unmatched. I enjoy many of my colleagues and have made life long friends.

Cons

It was a great place to work and many will continue to feel that way until they are affected like those of us in the Norfolk Virginia office. There is no loyalty from the company and people are replaced either by a “vision“ of technology that doesn’t yet even exist within the organization or by cheap labor “offshore“. I thought I would retire from here and now I find myself out of a job after over 20 years before the end of 2027.

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