Pros

+ 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.

Cons

- 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.