Overstock.com

  www.overstock.com
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392 Employee Reviews (View Most Recent)

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10 people found this helpful  

Overstock.com is an example of how poor management affects sound business models

Anonymous Employee (Current Employee) Salt Lake City, UT

ProsGreat work/life balance
Salt Lake is a nice place to live
Lot of tech resources available, fundamental business is sound
Pretty healthy gross margins and top line growth is impressive

ConsVery poor upper management
Middle management is inexperienced
Horrendous expense management
Almost all of the gross margin is lost due to irrational operating, marketing and G&A expenses
Organizations are redistributed too often, business strategies are transient and shaky
No strategic vision whatsoever, company has an identity crisis

Advice to Senior ManagementThere is a stark contrast in Overstock's management team. If you were to draw a line down the middle, you would see a group of bright, ambitious go-getters on one side and a group of execs with no real experience outside O.co on the other. Product innovation is virtually stagnant and capital management is poor. Overstock's story reads like a b-school case study of a company with sound fundamentals that's handcuffed by poor management.

No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    6 people found this helpful  

    A lot of Potential

    Anonymous Employee (Current Employee) Salt Lake City, UT

    I have been working at Overstock.com


    Pros: - Growing Company - Profitable - Work/life balance - Smart peers - Ability to… Cons: - Senior Management very reactionary when making decisions - Not allowed to do things the right way, have to do what Senior Mgmt wants - Many of… Advice to Senior Management: Start listening to your employees. This is the least bureaucratic bureaucracy out there. Just because you know a lot about one subject, does not… Yes, I would recommend this company to a friend More
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    7 people found this helpful  

    Below average experience with hefty bureaucracy

    (Current Employee) Salt Lake City, UT

    I have been working at Overstock.com


    Pros: Nice coworkers and one of the better views. Cons: The bureaucracy is insane. You practically have to get your hands stamped everytime you lift a finger to do something. Senior management is… Advice to Senior Management: Fix your reviews process. It is pathetic. Everyone is afraid of more qualified employees taking their place. Low performers are given low… No, I would not recommend this company to a friend More
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