Pros
When I first started, I loved the company and the executives. The company had ambitious goals and most of the employees and management were on board. The benefits and salary were fair and there was opportunities to advance as the company grew.
Cons
The company grew quickly with the spike in the housing market which led to some poor decisions by the executive team. Then the decision to take the company public resulted in a total reversal in how the employees were treated. After tripling the number of employees and telling everyone not too worry because they had planned accordingly, they proceeded to start layoffs. The first round was right before Christmas 2020. They never gave warnings and never told the remaining employees how many people were laid off. I was laid off during a team meeting, totally blindsided. I worked for them for 4 out of their 6 years and received 2 promotions during those 4 years. It was strictly those with the highest salary were cut. They even told me at layoff that I hadn't done anything wrong and had a perfect record but wouldn't tell me why I was selected and not people who had less than a few months with the company. Another issue is that they no longer are interested in hearing from the employees. Employees used to be able to anonymously make complaints, bring up concerns or suggest changes but then during all these changes, they announced that questions or concerns during All Hands meeting would no longer be anonymous. This, of course, stifled most if not all of the comments, questions and concerns brought up at these meetings. Strangely, during all these layoffs and cuts in overtime and bonuses, they decided that they would spend time and money on diversity and inclusion programs. This was during the George Floyd tragedy so it is understandable but it doesn't look good that the company is cutting jobs and pay and then spending money on these programs. The programs weren't very good, which makes it even worse, on top of being counter-productive. Laying off minorities and then spending that savings on diversity and inclusiveness? It was also disclosed that the company was being sued for their IPO, which I assume is public information. I believe their IPO was around $13 a share but dropped within a few months and has been half the value or less ever since. They have also sold off a large portion of their production and servicing which indicates they are prioritizing short term cash over long term revenue. It's sad that a company that rocketed to a top 10 in production in just a few years, would then turn around and cut loose all those people that helped get them there. I would guess that this company will be bought out by a more well managed company in the near future.
