They regularly sack people as part of their financial planning. Come join the team if you want PTSD! - Anonymous employee Beyond, Inc. Employee Review

1.0
Jan 16, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people you get to work with are amazing - until they get fired.

Cons

STOP THROWING THE BUILDING IN OUR FACES! This place is a horrible combination of The Hunger Games and Survivor. Recently, another 100+ people were voted off the island. People that had been there 11, 15 and 16 years - so believe me when I say, loyalty means nothing. We were told it was happening this time instead of letting us figure it out as people around us disappeared (novel change) and we were told that, once again, it's to make finances meet. What they don't do, is fire the executives that make the poor financial choices, just those forced to execute them. We were reminded, again, that a few years back, when we were asked to vote on this beautiful building and we all raised our hands in favor. Let me make one thing perfectly clear - when we all raised our hands, we were all under the impression we'd be in it TOGETHER for years to come. Those that were next to me that raised their hands ARE GONE and we are once again told "the building needs to mean something". Well it does, it means broken lives and people being interviewed for new positions at the same time that you were sacking 100+ people. You read that right. Speaking of interviews. They will definitely woo you. Packages of swag, tours of the campus, free lunch, they really roll out the red carpet. Enjoy that day, because I promise that's the last time you'll feel that important. Anything after that day is "May the odds be ever in your favor"

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Beyond, Inc. Response
7y
I would like to respond to several points this writer made. a) We reviewed our strategy, selected and arranged our projects to support it, and backed into our workforce needs: as a result, we learned that we were long on some skills, but short on others. b) Loyalty means a great deal. Our recruiters first tried to fill positions from elsewhere within our firm, as a way of driving expense reduction without RIF. We also looked hard to find people within our current workforce who, while they might not have just the skill of which we were in short supply, might come up to speed, and could be retrained. This has all been going on in the background for months, and is why approximately 100 people have shifted positions to elsewhere in the firm in recent months. c) Nobody was "voted off the island". We have introduced a 360 degree review process where your colleagues give you feedback, and we provide training that will (we hope) work on flat sides your colleagues identify. However, precisely 0 of that data was used in this recent RIF. All the choices were made with consideration and sensitivity by our SVPs working with our VPs. d) Yes, it does all matter. If all we cared about was selling of Retail then there would hardly be reason for this recent Reduction in Force. It is just the opposite: because we run Retail on the principle that we are going to own it forever, and need to bring its expenses back into line with market realities (which includes a bizarre copy-cat competitor who hast lost $195 million - $250 million - $600 million (I estimate) in just the last three years. It is never fun when one has to make choices such as those we just came through. Yes, there were some wonderful people who had been here for a long time. My obligation is to see to it that the best choices are made for the enterprise as a whole, and for those who remain to carry on the mission. Of course I feel terrible about the lives which get disrupted. I have done me best to minimize the disruption (this is a great job market in Utah, so that helps), to see to it that decisions were made fairly and on a properly informed basis, and to end up with the workforce that most closely aligns with the mission and our evolving understanding thereof. Very respectfully, Patrick

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