Overstock.com Reviews

Pros

Very flexible in the department I work in, the activities the company puts on are fun and engaging, lots of things to do around the company campus. Fairly central location, and the CEO is one of the coolest people to talk to. He's led the most incredible life, and he's one of the smartest most intelligent people I've ever met. Not often you have a CEO who engages with employees like he does.

Cons

Some of the management like my own senior management I've met a couple of times. My direct manager that I report to is all I probably need to talk to. Some re-organization changes recently made kind of made it unclear as to what department my team belongs to. So, there was that confusion, and for the most part my team is ignored by the department.

Advice to Management

More interaction, and involvement with individual teams I think would be helpful. Communication is getting better, but there are still some areas to be ironed out.

Pros

Benefits, 6% 401k match, Onsite Gym, Clinic, and Daycare. They also have a cafeteria (not much cheaper than eating out, though). Several other perks and fun activities.

Cons

Personally felt communication was poor at times from higher ups. Company also not doing as good and has had layoffs.

Advice to Management

Provide better communication and direction. Make sure everyone is connected and working towards the same goal.

Pros

great at hiring entry level positions and getting people the experience they need very flexible schedule, at least for salaried employees solid pay good benefits decent culture

Cons

HR's cult-like mentality about the CEO Former president acted like she was still in high school. Obvious, in-your-face nepotism Only focused on blockchain. They continuously lie or at the very least stretch the truth to the rest of the company (i.e. only a few layoffs turns into hundreds in several rounds after they swear "this is the last one"). There needs to be more transparency because no one can be effective...

Advice to Management

CEOs/presidents/founders deserve to make a lot of money from starting a successful business and creating thousands of jobs, but at a certain point, after a certain amount of years and many huge mistakes, it's not just you keeping the business afloat anymore, it's all of your stressed-out employees working tirelessly to make you, themselves, and the company more money. you owe it to them to be transparent. if you want...

Pros

Nice work environment, flexibility, 9/80 schedule

Cons

Insecurity with threat of layoffs and possible acquision. Although acquisition is an exciting opportunity as well.

Advice to Management

Communicate with your team more. Be as transparent as you can with what is going on.

Pros

Healthcare benefits, party through out the years

Cons

Too many layoffs new hires never laid off older employees first out the door. They do it by email no dignity.

Advice to Management

No advice they wouldn't listen.

Pros

Great work life balance Great co workers (depending on team) Facilities are really nice IE cafe, gym, health clinic The work life balance is great and depending on your team it can be really great. I made some life long friends there. Benefits are really good including health insurance and also amenities there. Has the potential to be a great brand if they had the right people in charge.

Cons

Leadership needs to really think about what they are trying to do, make a decision and stick with it. Are they a retail, cryto currency, or tech company? Yes some people can be all those things but overstock? not so much. Allow people to do their jobs, there needs to be less over site on things that don't effect the bottom line. Stop micro managing. Also you should let some women into the boys club at the top. Your...

Advice to Management

Get new Management. Invest in people that understand retail not just your buddies. Allow your employees to do their jobs.

Pros

Good Benefits, Free coffee, great co-workers

Cons

15 mins from nowhere, no place close to eat

Advice to Management

Thank you; For the opportunity, I've just had my 1st anniversary, unfortunately the CEO has publicity stated that the e-commerce retail part of the business is up for sale which has resulted in a restructure of the company with layoffs. Overstock is an inbound/outbound call center, I do love the working at Overstock and they are one of the few local companies that hire full time, however the company is becoming less...

Pros

The facility is fantastic. Everyone gets a standing desk and relatively good equipment. A lot of natural lighting. Hours tend to be flexible in terms of how early of late you come into work, and a lot of treams allow you to work from home (on the tech side) when you need to.

Cons

Management seems impulsive and unfocused. A lot of projects seem to start and end without much planning.

Advice to Management

Focus on your strengths and improving your marketing. Perhaps rebrand the company. The name Overstock name has been around for over 20 years, and it's still not obvious to the average person that they sell more than just overstocked goods.