Overstock.com Inc. Layoffs

Topics regarding layoffs at Overstock.com Inc.

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 

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Post ID: @XRXVvtf

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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| 660 views | |
Post ID: @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.

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Post ID: @X3zI35Z

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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| 991 views | |
Post ID: @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: @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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| 1218 views | |
Post ID: @LaljTpi

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