Great coworkers but unstable leadership and frequent layoffs - Anonymous employee Fancy Employee Review

1.0
Mar 31, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free food. Coworkers were great to work with.

Cons

The company suffers from a significant lack of strategic direction. Decisions from way up top feel impulsive, leading to frequent pivots every few months. This constant shifting has resulted in multiple rounds of layoffs. Even the CEO was suddenly fired, creating an unstable work environment and making it difficult to maintain any long-term momentum or job security.

Explore other reviews about Fancy

5.0
Nov 18, 2025
Recommend
CEO approval
Business Outlook

Pros

Everyone here is kind, smart, and engaged. We seek out the best of the best for every role, building a culture of creative, brilliant minds ready to disrupt the rental space. We take care of our employees with generous time off and benefits policies, lunch in office every day, and community building activities in the office that help it feel like more than just a job,

Cons

Startup is always crazy! Be prepared to wear many hats and lean in wherever you can in whatever way you can. Also, it's important that you can keep yourself educated and up-to-date with the daily changes in the business as it grows.

1.0
Jan 29, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free food, decent pay, a few perks, and kind coworkers at the IC level.

Cons

Leadership at both the startup and parent company level lacked the basic skills needed to run a business. Decisions were reactive, poorly thought through, and often contradicted each other. That dysfunction rolled downhill and showed up everywhere. Many leaders cared more about appearances than actually doing the work. Individual contributors were scrutinized and expected to perform at a high level, while leadership regularly disengaged, left early, and avoided accountability. Teams operated like separate companies, with almost no cross-functional alignment. For a ~40-person startup, the level of silos was honestly shocking. Product direction was unfocused even though there was potential. The company tried to do too much at once with no clear strategy, while carrying unresolved baggage and burnout from the parent company. Features were frequently half-built and declared “done” in the name of velocity, creating low-quality products. Communication was especially bad during times that mattered most. Weeks before the layoff, rumors were everywhere and leadership said nothing. On the day itself, employees were told that outside vendors were doing “building maintenance,” while senior leadership sat together and deactivated roughly half the company one by one. There was no severance. Just a cold, impersonal email after access was already gone.

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