Pros

I initially came to LendingTree because of the opportunity, compensation, and level of excitement. That was several years back. If I were standing at the reception desk waiting on my interview, I would run out the door. The culture of fun, hard work, great rewards, and motivated staff has turned into a culture of fear, unbalanced work (some have too much others are bored), no rewards (no raises in 2 years and bonus / stock is a mystery). Only a select few and many of those resigned enjoyed any financial rewards in the last year. The magic that is left ,resides in a few employees and it is great to work with them.

Cons

Attrition. Mortgage meltdown 2007-200x.
Executive replacement excessive with 2 CEOs ,3 Presidents , n SVP resigned in < 14 months.
No vision on where we are going next.

Advice to Senior Management

Listen, Listen, Listen, Listen.
Solicit and listen to employees, not just the same select few. We have problems that can be solved with clear and open communication. Four rounds of layoffs is killing the tree. The fifth which is surely coming in the next few months will shake even more talented employees out.