Overstock.com

  www.overstock.com
  www.overstock.com
There are newer employer reviews for Overstock.com

1 person found this helpful  

Good place to work in terms of life an technology.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Software Engineer in Cottonwood Heights, UT
Current Employee - Software Engineer in Cottonwood Heights, UT

I have been working at Overstock.com full-time (more than an year)

Pros

Good place to work in terms of life an technology.

Cons

Management needs to focus more on futuristic decisions

Advice to ManagementAdvice

Focus on planing more

Recommends
Positive Outlook
Approves of CEO

416 Other Employee Reviews for Overstock.com (View Most Recent)

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  1. 10 people found this helpful  

    Exceptional Downhill Slide In Past 2 Years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Salt Lake City, UT
    Former Employee - Director in Salt Lake City, UT

    I worked at Overstock.com full-time (more than 5 years)

    Pros

    - Culture
    - Close Involvement to Major E-commerce Projects
    - Resume Builder
    - Work Close with Executives
    - Location

    This review a few years ago would have been much different. It WAS a very positive place to work, but that was long ago.

    Cons

    - Senior Management
    - Dejected Workforce
    - Recent Braindrain
    - Wishy Washy Decision Making on Projects Causing Incredible Expense and Dissatisfaction by Those Working Hard Only To See No Fruit From Their Labor
    - Lack of Direction

    The decisions around company direction and project focus are very scattered. No two executives could tell you similarly what the direction of the company is. Projects are reactionary to what other sites already do, not innovative by any means. An amazing amount of resources and money are put into projects that are not thought through, resulting in complete stoppage of a project only to move on to something similarly thought through.

    Prices and quality of merchandise are poor, which is what the company should be working to improve, instead of looking to do everything it can as fast as it can. Instead of focusing on core values and a standard business model, anything and everything are brought to the table and pushed.

    The number of people with deep Overstock knowledge combined with industry experience and intelligence leaving Overstock is kind of staggering. I want to say it is due to firings (which have occurred often since mid 2011) but the truth is most are leaving on their own because they see a sinking ship. Confidence among workers is at an all time low. Per their own stated results, the only reason O.co made a profit in Q1 2012 is because overhead/workforce was diminished so severely.

    Unless significant change to senior management occurs, I fear this company is not going to survive or will become a shell of its former self. This is an opinion I've heard directly from internal employees including from multiple at the VP level. The board needs to require a change in action instead of letting the chairman and other SVPs run rampant.

    Advice to ManagementAdvice

    Listen to those that know processes. Slow down and figure out where you want to be as a company in 5 years, 10 years, etc. Stop wasting so much business and development time and money with pet projects that don't fit into an intelligent business plan.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 4 people found this helpful  

    Great business opportunity, terrible personal environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Director in Salt Lake City, UT
    Former Employee - Director in Salt Lake City, UT

    I worked at Overstock.com

    Pros

    Great exposure to large-scale projects.
    Great opportunity to move ahead.
    Great opportunity to make connections in the ecommerce industry.
    Great fun for those not in management, or close to management.
    Excellent measurement and training internally.

    Cons

    Terrible senior management, excluding a couple stars.
    Political and destructive relationships.
    Bias toward 'yes' men/women.
    Fear used to motivate.
    Very little 'thanks' from VP and above. Reminds one of the birthday cake scene from Office Space--sad, really.

    Advice to ManagementAdvice

    Too much ego to listen to the advice around you, execs. Too blind to the destructive individuals promoted within. Unfortunate.

    Disapproves of CEO
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