Overstock.com Inc. Layoffs

Topics regarding layoffs at Overstock.com Inc.

Another layoff

We all saw it coming. Another set of layoffs. This is only the beginning though before they move their SLC warehouse to Reno to appeal to their California market for 1 day shipping. (Despite california being able to ship to Utah within a single day... —  read more 

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Post ID: @OP+13v7dqOg

Called it

Well all. If you haven't been following the news of nutcase Patrick Byrne, everyone said this was a failing company and to run. Paytrick showed his true colors and how mentaly unstable his is. He alone financially set the company on a path of... —  read more 

Run for the hills!!!

OVERSTOCK IS ON ROUND 5 OF LAYOFFS!! Having worked there, I can assure you they DO NOT care about the employees. The first layoff was to supposed save $4 million dollars in expenses. Below will show that they have done anything but that. IF YOU HAVE... —  read more 

The layoffs did happen

The layoffs did happen. Patrick did not say that the company is screwed because of GSR. The massive drop over the last year is because people tied overstock to bitcoin. If you look at the stocks before Sept '18, it's about the same as it is now. Not... —  read more 

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Post ID: @OP+Xg1cSUA

Overstock.com Massive Layoff Jan 9

Overstock.com laid off over 100 people today, as well as 1/3 of all Mac Warehouse employees. They also canceled all raises, all bonuses, and announced internally that they're screwed if a Chinese investor doesn't come through. Yikes.

More Layoffs Coming in January 2018

I have it on good authority that a buyer has been found for the e-commerce business at pennies on the dollar. Big cuts coming to appease the new owner. What are others in the coliseum hearing?

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Post ID: @OP+QRsz2LZ

January 2017 layoffs

I haven't heard specifics as to level of management, but I was told 30-ish people were fired, with more layoffs coming. This company is the most mis-managed of any I've worked for. Erratic hiring and firing practices. No security for anyone, really... —  read more 

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Post ID: @OP+LbW5Eii

Jan 2017 layoffs?

Anyone have info on the Jan 2017 layoffs? Heard a rumor a bunch of mid and high level mgrs are available for hire.

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Post ID: @OP+LaljTpi

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