Pros
While most other companies go through layoffs on a regular basis, Edmunds never really has. That's why this one was jarring for some and why it's all over Glassdoor reviews, but most companies go through these events. The layoffs were necessary to prepare for an new and innovative ad model. It's not because the company doesn't care about it's people.
Still at the core of Edmunds is that the executive team cares about the people. I have a hard time believing that other CEOs and Presidents care enough to get to know their employees and try to make decisions that are in their best interest. Despite the changes made to some of the company perks and benefits, they still offer an amazing office space, frozen yogurt, soda machine, popcorn, bagels, flexibility that most companies don't offer, and a 4 month parental leave!
There is a renewed focus on where the company is headed. The President sends out regular Daily Diaries to having an ongoing communication with employees about what's happening at the company. They have All Hands Meetings twice a month to feature different areas of the company so employees understand the strategy, goals and progress and how what everyone is doing ladders up to what the company is trying to achieve.
But, the two most important pros to mention are that:
1) At Edmunds you can do anything. If you have an idea, you won't get bogged down with bureaucracy. You can make it happen and be as inventive as you want to be.
2) The people are amazing. They are smart, talented, kind, supportive, and truly egoless. There is so much wonderful collaboration across teams.
