The King is naked!! - Anonymous employee Liquidity Services Employee Review

1.0
21 June 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The pay was good, and there were many very hard working people within each of the groups.

Cons

Starting with LOT; This is a train wreck on it's way. Get a chair and wait by the tracks to watch the crash! The biggest mistake here is that although there are contract firms that do this and can provide an excellent service, the company has decided to spend millions of dollars (14 Million is the number I heard) to do this themselves. Bad management decision. They will wind up with an inbred system, that only insiders will know how to operate and manage. This however will cement their jobs with the company. This seems to be the case throughout the organization. Second biggest mistake is the investment in Iron Direct. Why would you find the biggest, most entrenched competitor in the world, and try to compete against them? I see this going from a 15M initial investment, and going 5M at a time more, up to 25M before they pull the plug on this giant mistake. Someone also mentioned earlier about how the sales group in the Houston office is way too entrenched in the decision making. There is no one in a leadership position that is strong enough to make the right decisions to change the direction. They will flow with the tide of oil, but never get far from the beach.

Explore other reviews about Liquidity Services

5.0
9 Nov 2025
Recommend
CEO approval
Business outlook

Pros

Solid management and sales teams. Gave you what you needed to get the job done then let you do your job.

Cons

We lost the contract that supported 3 facilities in 2 states, we tried our best but the business changed.

3.0
11 June 2026
Recommend
CEO approval
Business outlook

Pros

Pay scale is great,bonuses and benefits are top notch.

Cons

Leadership is so focused on ROI, they ignore everything else. Will let you go without a reason or thought.

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