Coty reviews

I think this company is a complete mess. In the past two years, we have gone through 3 CEO changes. The company lacks stability and direction. Compensation is ridiculously below industry standards and there is very little opportunity for growth. Additionally there is a lack of communication between teams and upper management which often result in a buildup of projects, redoing work and wasting a lot of time. In addition, upper management is out of touch with their teams- a lot of people in management positions lack people skills, leadership skills and lack transparency. Often times many teams are working overtime due to the bungled communications and lack of infrastructure between groups. Teams are understaffed and are suffocating with the amount of work coming through. Additionally, many positions are treated as a revolving door- new people coming in and leaving or fired which only contribute to the disarray among teams. Overall, Coty is a very toxic workplace.

Like many big players, COTY has had its share of issues (boys club. nepotism, overinflated in certain areas and under staffed in others) - but the crux of it started with a turnover in executive leadership last year. Troubles led to a turnover of CEO, and a nearly complete change in company culture, resulting from new leadership's background in CPG/FMCG and lack of beauty experience. Entire company is being restructured, including the demand to move most global staff and strategic functions to Amsterdam (no thanks folks). This has resulted in huge attrition and what will be huge gaps and a lack of continuity at the most critical levels of the organization. Nepotism has put unqualified and unproven new or existing heads in critical positions while overlooking the talent that has earned it. Regardless of your track record, you're being asked to "reapply" for your job. The handling, comms and general empathy by the HR and leadership groups around people's futures has been absolutely awful, with people finding out about job loss or redundancy indirectly while getting zero feedback or support from HR. The result is what is quickly becoming a skeleton organization, a once regarded beauty player that is now turning into a pure play CPG company by both focus and marketing philosophy.