Amazing team cut short by a bad business model - Recensione dipendente - Homes Marketing Associate presso Zillow

3,0
14 dic 2021
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

The entire Homes Marketing division in itself was a culmination of what I will argue are leaders within their role, team, and organization. We had an opportunity to truly make an impact in our role as we saw fit and were always given the support needed to expand from within our role. For such an established organization it truly felt like a start-up environment. While the workload was there, I can confidently state there was never an instance of feeling overwhelmed. Work/life balance was/is still an important concept to them. With the recent announcement of the layoffs the supervisors, managers, and even senior management have been very transparent with the process and I can feel the depth of their disappointment, frustration, and confusion as to the decision of the c-levels, but that's where it ends for me.

Svantaggi

The news of the layoff was truly heartbreaking to me. As a working professional that has gone through the ringer with employment the last couple of years because of Covid, I truly felt like I finally found "home" with Zillow. I was promised many things that they truly did deliver on, but after working for a while and understanding their business model I couldn't help but feel it was too good to be true. "How are they paying above market prices for homes, renovating, and STILL trying to make a profit?" I thought, but just brushed it off. Then the Tik-tok's started rolling through with many industry professionals expressing their disdain for Zillow's approach to "market manipulation" pumping up home prices in some hot areas with other reports of them selling homes for LESS than what they bought them for. Then came the sudden news of our halting of purchasing to "catch up on our books" as they said but at that point I knew the damage was done. losing millions trying to squeeze markets and it blew up in their face, blaming it on some bogus algorithm when in reality they did not understand the core concept of flipping real estate to buy low and sell high, not the other way around. From the outside in I feel there might have been a lot of pride with their algorithm as they have relied on it for so long, no one wanted to admit when it was going wild. But hey it's just one expensive business lesson for them and hardship for 2000 people who have to pay the real price. It's just such an insult to the real estate industry that such a well established company like Zillow allowed for these things to happen when it was blatantly clear that what they were doing was not working by any means. It's hard to say I would never work for them again given my team and work were simply amazing, but given the right opportunity I will do my due-diligence in questioning every decision and speak up when I don't feel something is right.

Esplora altre recensioni su Zillow

5,0
13 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Great company to work for

Svantaggi

Long hours with low pay

1
2,0
1 lug 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Generally the people I work with are great. They are supportive, creative, and work well as a team. Work-life balance is good, although some teams have more on-call than others.

Svantaggi

- Senior leadership has determined that inflation need not be a factor when calculating raises. - Also, we're having record profitability! But also money is very tight and we all need to tighten our belts. - Our stock is down 50% this year, but you all need to suck it up, even though stock is a huge part of pay. - We don't care that you are getting a 30% effective pay cut this year. - Performance ratings are calculated on vibes before reviews are actually written. - We've started outsourcing heavily to Mexico and India. - "We need to raise the bar" ("Please work harder for the same pay") - Health benefits have eroded for several years. - Other benefits have never been adjusted for inflation. - AI is becoming like a cult. We've actually been told that the dream is to never open a code editor again, despite the technology not being remotely ready for that (and with no proof that it is less expensive or saves time).

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