Warby Parker a leading e-retailer in the eyewear industry that designs, manufactures, and sells sunglasses and eyeglasses. Warby Parker designs and offers high-quality, better-looking prescription eyewear at a fraction of the going price for Americans to get eyewear at affordable prices.
18 Reviews
On a whole, Warby Parker is focused on continuously offering new and innovative products to stay competitive, there is a lot of effort put into the strategy of maintaining and growing revenue. The people within this company (excluding management) are some of the most compassionate, smart, and friendly individuals. Health insurance benefits are definitely great and the small 401k match does go a long way. This is a good place to just start to be frank, but not a company worth staying long term with at all.
On the flip side, Warby Parker is a lot of talk, no action. There has been a genuine shift in company culture post IPO and pandemic craziness and what has been trickling down from top within each division hasn't been exactly very forthcoming. Management truly needs to open their eyes to the massive retention problem across the board: - There are managers and leaders within the organization that are profoundly smart individuals, but absolutely unfit to be actual managers - Employees are forced to commute into an empty office with now no in-office benefits 3x/week. The net easiest thing you can do to retain morale is just allow your employees the flexibility of wfh - Growth is an absolute hoax, there is no real means for inward promotions and growth no matter how many OKR revamps the company tries to implement. - Compensation is a topic of concern (a simple levels.fyi search will show you how the company severely underpays compared to market value) that has actually been brought up many a times to management but nothing to come out of it - Morale is continuously lost due to in office politics and this is just the saddest to watch. When people have expressed they are unhappy it has been received very defensively by some managers and there are bandaid solutions to "switch teams" without addressing the root of these problems - You can tell HR is there for the company, not for you. All the company needs to do to slowly build back up morale and decrease this insane level of attrition is just listen to your employees, hear their concerns and actually put action to your words. There are chaotic internal processes and lack of accountability across the board with managers, seniors, and C-suite. Stop cherry picking data and numbers to create the story you want to show when there is so much more context to everything.
There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Is it a brilliant startup or soulless corporation manufacturing vibes?