Investors and Employees beware - Anonymous employee Cuts Employee Review

Cuts is run by a CEO and his dwindling group of inner circle founders. He seems to be on a singular mission: to paint the company as profitable in the hopes of attracting a buyer. He sets goals of becoming the next household billion dollar brand which are so absurd, he may as well say the business plan is to win the lottery. There are too many strange behaviors and baffling decisions to list here. The most important thing for new employees is to understand how they can expect to be treated. You can learn a lot from the CEO himself - all quotes are his own words from recent pod casts. Will the CEO value my work? No. He considers himself the best at most roles. Example: "I think from a merchandising standpoint, understanding what products to come out with when and how to make those, I’m like one of in the best in the world at it now.” On job security: On a recent pod cast he reminisced about returning to the days with the four original founders, "We had a little nucleus and that’s like really all you needed and then I did product development and Facebook ads and all that and we had our team. Even to this day we joke about, we could go back to that team.” That might not be funny to a current employee. How many people work at Cuts? "We’re around 50.” No, that was true before several rounds of layoffs and others who since quit. The CEO uses an old company group shot on his social home page to give the impression of a larger team. But how’s the business? The CEO admits the business is slow right now, "Just managing cash and making sure….even to this day, it feels like sometimes, especially Q1 it’s tight, you know.” Is it getting easier to fire people? Yes. Here’s how the CEO sees it: "Actually with my layoffs too, because we’ve done this at Cuts, it’s the people that drives the business and it breaks my heart every time you have to go on….either it wasn’t a right fit or we’re moving to a different opportunity Now I’m just like you know what, it may hurt them now but you know what, Cut was a good couple of months or year or whatever. They’re gonna be fine. It allows me to do it a little bit quicker than I think I would have if I hadn’t actually been laid off myself.” Most hires might expect a company to invest more than two months before casting them aside, especially if they have left another job or moved to be here. Two people were fired in their first week. The CEO will talk about how important the people are but actions speak louder than words. Fundamentally, the company is broken. There's a smell of desperation in the air. And no effort or interest or ability to make real change happen.