Cannot avoid layoffs with a strong performance - Assistant Buyer francesca's Employee Review

4.0
Dec 7, 2020
Recommend
CEO approval
Business Outlook

Pros

Autonomy, dignity, respect, positive culture, growth, opportunity

Cons

It came down to two things: profits and who you know. My team had the unfortunate timing of losing an SVP shortly before consultants were hired in as executives. Just a couple months into the consultant take-over, our team's two senior buyers went out on maternity leave. It was during this time that the consultants made major cuts; finances were shot and they needed to improve liquidity. Who was there to defend the work of our team? No one. They didn't have one-on-one's or performance reviews to discuss roles or achievements. We simply didn't have anyone able to go to bat for us since our closest managers were all out of office. This is the risk of retail. These variables, that are ultimately out of your control, will change the course of your career. Achievement can't save you. Performance can't save you. A positive attitude can't save you. It's a matter of this: the who and the when. That's retail. Maybe you'll be a new hire, fresh out of college who ends up on a team where you're promoted twice within one year. There is that possibility! Flow with it, grow with it.

Explore other reviews about francesca's

5.0
May 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Flexibility, great community, growth opportunities, supportive executives

Cons

Nothing about the business. Liquidation and closure of the brand was one of the hardest things I've ever had to do.

1.0
May 24, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

there are none, they suck

Cons

management... almost two years with no review and no raise. this was a district directive. very mean girl TOXIC, ego centric coming down from upper management. poorly run on all levels. we know that a company that is run like that, will fail! lol they are now out of business

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