Ribbon Home Reviews

3.5

62% would recommend to a friend

(171 total reviews)

Shaival Shah

64% approve of CEO

53% positive business outlook

Ribbon Home has an employee rating of 3.5 out of 5 stars, based on 171 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Ribbon Home employee rating is in line with the average (within 1 standard deviation) for employers within the Real estate industry (3.8 stars).

Reviews by job title

171 reviews
1.0
2 Apr 2020

failing company

Recommend
CEO approval
Business outlook

Pros

decent benefits and challenging work - environment is better than others

Cons

everything. management makes decisions without realizing how it impacts everyone in the company politics worse than clay davis from the wire - make sure you keep face with upper management otherwise you will get canned. terrible off boarding - 0 reasoning to why people are terminated, company doesn't give you a chance to say bye to your former team members. they pull you into a room and try to pull information out of you to see what was said about certain situations. they will tell you negative things about former team members that are false.

1.0
25 Nov 2022
Recommend
CEO approval
Business outlook

Pros

The people I worked directly with were amazing. I have nothing positive to say about the senior leadership or most of my time at Ribbon Home.

Cons

Those in Executive leadership have no idea what they're doing. They recently fired employees in public, on the street. In the last few months, they've let go of about half a dozen WOMEN in higher leadership roles and replaced them with men. They tout transparency, but they're anything but that. They gave less than 30 days notice for layoffs. They let 200+ people go the week of thanksgiving. They notified employees via email about the layoffs instead of having a meeting. They avoided meeting with anyone for 3-4 weeks leading up to the layoffs. No explanation was given as to how this happened. Founders blamed everyone in the company except themselves for the company's downfalls. They made cowardly choices in how they handled the layoffs. This company also lacks the ability to pivot. They never had a contingency plan for when the real estate market changed from a sellers market - which is inevitable in any economy. Instead of having a plan B in the wings or pivoting in real time to adjust to the new market, they kept going with the same old product that no longer served the market. Then they blamed the sales team and management at all levels for this. The issue was an outdated product that didn't keep up with the market fluctuations. We had some extremely exceptional salespeople. They lied about how much money they had - to the employees, the board and their investors. Stay far, far away. As long as Shaival Shah has anything to do with this company, it will fail. He seems charming but he is cut throat and manipulative.

1.0
15 Aug 2022
Recommend
CEO approval
Business outlook

Pros

- Good compensation - Some very talented engineers

Cons

- I was hired less than 90 days before a massive layoff, along with many other people (I think there were around 30 people onboarding with me? And that wasn't even the last group of people hired before the layoffs!) - Leadership held a town hall to assure us that there were "no plans for layoffs" 30 days before a massive layoff - More than most companies, Ribbon hits the "we're all a family, we're saving the world, we're in this business to HELP PEOPLE, not MAKE MONEY" refrain really hard. This rings a little hollow when you lay off 33% of your workforce right after assuring them that you have "plenty of runway" but what do I know A lot of people would have jobs right now if Ribbon had competent leadership who gave a damn about their employees. Instead they continued a massive hiring push in the SAME QUARTER as a massive layoff, and laid off many of the same people they'd recently hired (so this wasn't even a "trimming the deadwood" situation, at least that would have been understandable!). Leadership is either incompetent or trying to make a balance sheet look good in preparation for an acquisition. Either way, they certainly don't care about the people who work for them - but they're going to spend a LOT of time trying to convince you they do.

Viewing 1 - 3 of 171 Reviews

Glassdoor has 180 Ribbon Home reviews submitted anonymously by Ribbon Home employees. Read employee reviews and ratings on Glassdoor to decide if Ribbon Home is right for you.