2.0
5 Dec 2008
Former employee
Recommend
CEO approval
Business outlook
Pros
Great field managment, entrepreneurial spirit and a chance to contribute to a "feel good" product. Lifetouch at its heart is about capturing memories, not just about portrait photography. The people are great, everyone is always willing to help their fellow employee and the company has a long history of corporate responsibilty and philanthropy.
Cons
The industry is shrinking and Lifetouch cannot grow through price raising alone. A history og price gouging and lack of innovation in the core product has caught up to Lifetouch and they find themselves is a difficult position. ESOP is a barrier to the necessary investment for growth and senior leaders who are close to retirement doen't want to rock the boat.
