Botched layoff process, brutal work life balance - Account Executive Divvy Homes Employee Review

1.0
Oct 14, 2022
Recommend
CEO approval
Business outlook

Pros

Adena is a solid leader, cool company mission

Cons

The layoff process that just took place could not have been handled more poorly. First off, the company had a lavish offsite just a couple weeks before this happened. I turned around at one point and saw an exec pouring tequila shots in people's mouths. TBH, I left the offsite thinking we must have been doing pretty good given the amount of money that was spent on that (read: excess booze and drinking). The layoffs were announced on a Monday and not executed until that Wednesday. They put myself and my peers in a horribly anxious place awaiting an ominous calendar invite that would come by Wednesday morning if your role was being impacted. To add to the sloppiness, we could all see the multiple 10 minute 'private' time slots on our exec's calendars a day before they let us know. Many people realized that by looking at the overlap between their manager's cal and their exec's cal you could tell how any people were being laid off from your team. This led to so much anxious back channeling across teams and departments. At the end of the day I feel completely used and unappreciated by this company. I hustled SO (so so so so ) hard during the boom of 2021 only to be let go the second things turned downwards with just a month of severance. I missed family events, dinners with my spouse, and so many important things to show up for this company and work 80+ hour weeks only to be dropped. I don't fault Divvy for having to let people go, I get that it is circumstance across industries right now. But the way it happened was poor form and has tainted all of my time there hustling for their mission.

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Divvy Homes Response
3y
We did, unfortunately, make the decision to lay off a portion of our team in early October due to macro economic headwinds caused by rising interest rates. While we agree it was not optimal to have a company retreat before layoffs, the event had been planned 8+ months prior and we had already invested the budget. We felt that it was beneficial to our team to move forward with the offsite and give them the opportunity to be together in person. As we communicated to employees during the layoff process, our CEO wanted all employees to be informed of layoffs by her directly, without it leaking from the press or other sources. Unfortunately, this meant that there was a delay from the announcement to when individuals would find out if they were impacted as we looped in management and finalized decisions. We believe in transparency and want critical messages coming directly from our CEO and other Executives. As it relates to work-life balance, we never want our employees to feel burnout. We encourage everyone to take advantage of our Monthly Mental Health Days, which are covered under our flexible PTO policy, and also to utilize our benefits like Modern Health (16 sessions of therapy and coaching support.)

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5.0
Nov 26, 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Was a great company to work for. Great people. Great benefits. Great product

Cons

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1.0
Mar 3, 2026
Recommend
CEO approval
Business outlook

Pros

Impressive job titles for everyone to put on their resume. Median range pay bands for some roles. Good coworkers that tried hard, even if it felt like a Sisyphean dystopia.

Cons

The most incompetent senior management I've experienced in my career. This company is a reflection of the ZIRP era and wouldn't receive multiple rounds of funding in 2025.

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