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The company is not doing well

Senior Software Engineer
Current Employee
Has worked at Wayfair for 4 years
January 7, 2024
Boston, Massachusetts
2.0
Doesn't RecommendNeutral OutlookDoesn't Approve of CEO
Pros

Location: Across from Back Bay Station, easy for commute.

Cons

Revenue is going down year over year, and they are having difficulties repaying their debt. So, they are moving most of the jobs to India and downsizing in Boston to save money. Silent layoffs are happening every week. Perks are going away, including the snacks in the kitchen. The stock used to be $350; now it often comes down to the $35-$45 range, a 90% loss from the top.

Advice to Management

merge with another competitor or sell yourself

Additional Ratings

Work/Life Balance
1.0
Culture and Values
2.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
1.0
Compensation and Benefits
2.0
Senior Management
1.0

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