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Capital One is eradicating all Agile profiles from its workforce and greater than 1,100 individuals have been affected, reigniting the talk in regards to the usefulness of Agile strategies for engineering groups


Bank card firm Capital One minimize greater than a thousand expertise jobs this week, the results of years of funding in techniques to enhance effectivity. The cuts are for Agile roles, as the corporate plans to retire its complete household of Agile profiles and combine it into present engineering and product supervisor roles. Capital One defined that Agile roles received it by the early levels of its digital transformation, however now it is time to combine them into its core engineering practices. So, is Agile nonetheless helpful for engineering groups?

After a few years of investing in Agile strategies to “appropriately” start its digital transformation, Capital One is now pondering of reorganizing its groups and separating professionals in Agile strategies. An individual with information of the matter informed Bloomberg that greater than 1,100 staff had been affected by the choice. These staff had been invited to use for different positions throughout the financial institution, with lots of of positions open throughout the corporate. In response to paperwork filed by Capital One, the corporate had greater than 55,000 staff within the third quarter ended September 20, 2022.

as an alternative, engineers and product managers ought to naturally use Agile routines. “The Agile position in our technical group was vital for our early levels of transformation, however as our group matured, the pure subsequent step was to embed Agile supply processes instantly into our core engineering practices,” Capital One mentioned. . The corporate has been investing in cloud expertise for years, which it says will assist it enhance its merchandise and its effectivity ratio, a key measure of profitability that signifies how a lot it prices to supply a greenback of income. .

Selections that have an effect on our associates, particularly those who contain position cuts, are extremely troublesome. This announcement is just not a mirrored image of those people or the work they’ve carried out on behalf of our expertise group. Their contributions have been vital to the maturation of our software program supply mannequin and our general expertise transformation, the corporate mentioned within the launch. The job cuts additionally come at a time when tech corporations and monetary companies are downsizing and slowing hiring.

Richard Fairbank, CEO of Capital One, touted the corporate’s expertise investments at an investor convention final month, saying they permit the corporate to maneuver sooner and adapt its response to a altering surroundings. altering economic system. We now have invested very closely in expertise and we proceed to take action. On the similar time, alongside the way in which, the flexibility to generate efficiencies towards the price of the expertise itself – what we name expertise effectivity advantages over expertise – is absolutely vital. Fairbank mentioned.

Certainly, Fairbank warned that the financial institution had the chance to get rid of the prices related to present applied sciences. The corporate mentioned staff affected by the layoffs who don’t discover different employment with Capital One will probably be entitled to severance pay which can embrace a minimum of 16 weeks of compensation. As well as, Capital One’s determination to get rid of all Agile roles throughout the firm comes at a time when Agile strategies are more and more criticized. Many specialists and builders have argued over the previous few years that groups ought to abandon Agile strategies.

The Agile methodology is a set of proposed approaches and practices for implementing a undertaking. These strategies, of which Scrum and Kanban are two of probably the most extensively used implementations, had been rapidly adopted by engineering groups. Nevertheless, plainly issues are usually not all the time so easy for all builders and everybody concerned in an Agile undertaking. Erik Meijer, a developer of the .NET ecosystem mentioned a number of years in the past: the Agile methodology is a most cancers that we should get rid of from the trade. Ron Jeffries, trade professional and signer of the Agile Manifesto, agrees.

Jeffries feels it is time to transfer on. He advises builders to desert Agile strategies. In response to him, it isn’t the strategies which might be in query, however fairly the way in which during which they’re utilized. In the identical vein, Andy Hunt, one other signatory of the Agile Manifesto in 2021, additionally didn’t conceal his disappointment. For him, Agile has not achieved the targets initially anticipated. Amir Yasin, CTO of US-based IT expertise recruiting agency June, mentioned: Agile has grow to be all the pieces the Waterfall mannequin was for builders, and worse. It is a wolf in sheep’s clothes.

Some builders additionally see Agile methodology as a “drawback that would drive tech corporations into increased technical debt.” In February 2021, Don Clos, head of software program growth at Compuware, an American firm that publishes software program, mentioned in a weblog submit on the topic: opposite to what many imagine, Agile is an method that permits the buildup of technical debt. In an in depth evaluation of the Agile methodology, he identifies a minimum of 5 conditions that result in the buildup of technical debt for groups.

Technical debt is after all not restricted to groups that depend on the Agile methodology, and these factors are more likely to apply to many groups that depend on the Waterfall method, albeit to an extent totally different. Anyway, all groups at this time are required to go sooner. Whether or not they’re striving to grow to be nimble or struggling to remain within the Waterfall method, if you go sooner, technical debt accumulates, concluded Don Clos. On Thursday, shares of Capital One fell almost 4% to $97.98 in afternoon buying and selling.

And also you?

What’s your opinion on the topic?
What do you consider Capital One’s determination to take away Agile profiles?
Do you suppose Agile is outdated? Has it grow to be an issue for engineering groups?
In your opinion, does Agile contribute to the buildup of technical debt? Why ?
In your opinion, is the Agile methodology the issue or the way in which groups apply it?
What Agile different do you supply? Why ?

See as properly

May Agile Drive Organizations Towards Better Technical Debt? Sure, in keeping with Don Clos, software program developer, who gives an in depth evaluation of the state of affairs

How Agile received sidetracked and methods to repair it, says one of many authors of the Agile Manifesto

Builders ought to abandon agile strategies in keeping with Ron Jeffries, one of many signatories of the Agile Manifesto

The Agile Scrum technique doesn’t work, it solely works in 15% of instances, due to this fact failing in 85% of instances, in keeping with Gene Bond, Govt Director at iiSM.ORG

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