Dying company ran by greed, fueled by incompetence - Merchandising Manager Newegg Employee Review

A very terrible company from almost all angles. Company has been in stagnation for years and continues to sink. Only those that cannot be accepted anywhere else choose to remain. The ones to succeed are the ones that can suck up to the higher managers. Lay offs happen almost every month, causing so much instability and further spiraling down. Incentive goals are always unreasonable. Company doesn't profit due to slim margins which is hard to fix as their business model is outdated yet they refuse to adapt. Employee turnover is high and the company has no properly-functioning HR and does not know anything about employee retention. Out of the company's cheapness, they will assign anyone and everyone to random roles such as CTO to do marketing and CFO to do HR while CEO plays golf and COO thinks of how he will lay off more people.