Exciting place to watch money go down the drain - Anonymous employee Blu Homes Employee Review

2.0
Nov 18, 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great benefit packages, and paid lunches if you work in the field (construction) Exciting concept for a company Opportunities for relatively inexperienced people to have an impact (applies to a variety of departments)

Cons

Upper management readily admits that they missed the boat a few years back and did not realize that building modular homes meant building homes. They thought they could just "fix the factory" and "ship mods" (pieces of houses), and that customers would somehow hire subs or general contractors to do all of the construction work on site. As a result of this gaffe, the company is still responding to massive warranty claims from years past. Quality of the finished product is on the rise, but the company still continues to bleed money and make expensive mistakes. Projections to become profitable are wildly aggressive, but the road map to that end remains fuzzy. They now realize they are in the construction business, but construction services remains the principal challenge facing the company. Will Blu be the company to finally crack the "manufactured housing" nut? I don't think so. In 2014, with strength returning to the construction sector California, Blu has seen a number of qualified people leave the company. This does not bode well, as they still have a long way to go to become profitable and exponentially larger. The resurgent economy also raises the cost of everything they do, making the challenge that much harder. My guess is that, eventually, the VC's behind the curtain will take control and try to salvage something.

Explore other reviews about Blu Homes

5.0
Nov 30, 2022
Recommend
CEO approval
Business outlook

Pros

Great company i think. But not sure

Cons

Could be better, but not sure

3.0
May 9, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The people were the best part

Cons

Promotions to leadership did not seem merit-based

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