Stay Away: Unethical Practices, Unstable Leadership, and Toxic Culture - Anonymous employee Purple Employee Review

I would strongly advise against considering this company for employment based on my personal experience and observations. The company has carried out mass layoffs twice in the past year, leaving many talented and dedicated employees without a job. Those who remained were forced to take on the roles of multiple people, leading to an unmanageable workload and high levels of stress. To make matters worse, the company entered into 'retention' agreements with some of the remaining employees, offering a large bonus payable at the end of a 12-month period, only to renege on the agreement and lay off many of those employees near the contracted period completion date. This is a clear breach of trust and an unfair treatment of the employees who had put in their best efforts to keep the company afloat. The new leadership has also pivoted the company brand and marketing to be similar to every other boring bed brand out there, despite still considering themselves as 'disruptors'. This shows a lack of originality and creativity in the company's vision and strategy. Additionally, the company's lack of stability is evident in the high turnover rate of three VPs of marketing in under two years, leaving doubts about its direction and overall performance. The HR department appears to be virtually absent, failing to address the appalling company culture that has caused morale to reach an all-time low over the past year. If the company somehow has enough money to be hiring right now, I would strongly advise against accepting an offer from them, unless you are in a dire situation and have no other choice. The company has a long way to go in terms of rebuilding trust, fostering a positive work culture, and demonstrating ethical behavior toward its employees.