- Former Employee, less than 1 year★★★★★
A decelerating ship that is slowly sinking and people are rapidly jumping offSep 12, 2017 - Anonymous Employee in Brooklyn, NYRecommendCEO ApprovalBusiness Outlook
+ Nice office. Lots of money and care was spent on design. There is not a single HQ in NYC that as much common space as a % of total space as Etsy HQ. Of the 9 floors, only 5 are actually used for working full-time. We also have a floor in the building across the street which is the auditorium (Etsytorium) and some other common space. So call it 50% common space. + Great location for people who live in Brooklyn and Lower Manhattan. Close to the F and A/C subway lines. Bike friendly. + Pet-friendly.
- Massive attrition of employees in last four months beyond the two big layoff rounds. We're just getting started. There are more departures in waiting as people are holding out on next vesting period (10/1) or other job options. Backfills are not keeping up and it's even harder now to attract the talent that the company desperately needs like data science, search, and other engineering needs. It won't matter what the "strategy" of the company is if it doesn't have the capabilities to execute against those goals. - Lack of focus still persists and senior execs are all trying to position themselves as "thought leaders" with Josh (CEO). It's like watching kids fighting for dad's attention. Minimal transparency with employees, more corporate speak, and almost no effort on retention during first 3 months, which has resulted in a yet to be realized wave of departures that will definitely accelerate later this year. Strategy without execution just leads to unachievable goals. And not squad goals. - Seems like investors are enthusiastic that someone will buy the company. Buyer beware and, for prospective employees, have you seen the stock price? It's been a rocket ship but don't be fooled because your stock is going to be worth half of that once investors realize that no rational company or financial buyer is going to pay this much to buy this company growing sideways towards nowhere.Continue reading
Other Employee Reviews
- Current Employee, more than 1 year★★★★★
Great culture, coworkers are awesomeMar 18, 2023 - Product Manager in Brooklyn, NYRecommendCEO ApprovalBusiness Outlook
Etsy has a great culture, focused on having a work life balay, supporting remote workers, and encouraging the growth of their employees (training, rotations, etc.) My coworkers at Etsy are great as well, goes hand in hand with the culture, but not only does Etsy have the processes and policies in place (for example) to have peer driven recognition, but people actually use it!
Like everyone else, Etsy struggles some times to balance short term reaction (as in today's macro economics) with longer term strategies it has in place.
- Current Employee, more than 1 year★★★★★
In it for the long-haulFeb 21, 2023 - Brand Manager in New York, NYRecommendCEO ApprovalBusiness Outlook
- Actual work-life balance - The company is exceptionally mindful of our impact in the greater world: be that ecological, economic, or social impact. It is reflected in the software we create, the engagement with our sellers and buyers, the events we do, and the organizations we partner with - You work with particularly intelligent and driven people - Exceptional benefits like 6 months parental leave for all genders, 20 free therapy sessions per yr, unlimited sick and mental health days, IVF and egg freezing support, and catered lunches and breakfasts by local chefs for folks in office - Our CEO is accessible and seems to genuinely care about Etsy's employees and their wellbeing - It's a company that is easy to be proud to work for
- There are a lot (often too many) approvals required to get projects across the finish line which makes it difficult to complete work in a timely manner and often even develop as impactful outputs as intended - Limited opportunity for career advancement (role and compensation) - Extremely risk-averse - Many things are considered "urgent" which can then take priority and make it difficult to complete projects on your roadmapContinue reading