Folica Reviews

2.5

32% would recommend to a friend

(21 total reviews)

Carl Gish

29% approve of CEO

35% positive business outlook

Folica has an employee rating of 2.5 out of 5 stars, based on 21 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Folica employee rating is 29% below average for employers within the Retail and wholesale industry (3.5 stars).

Reviews by job title

21 reviews
1.0
16 Jan 2015
Recommend
CEO approval
Business outlook

Pros

There are none anymore, other than a select group of employees which make the experience enjoyable.

Cons

Upper management is deceitful. Several have left the company since the arrival of the new CEO and those that remain are miserable. Many of the CEOs friends have since been hired. The outlook is not bright for this once thriving company.

1.0
30 July 2015

The future is bleak for Folica

Recommend
CEO approval
Business outlook

Pros

The company was brought back from the brink of collapse by the resourcefulness, ingenuity, handwork and customer concentric culture fostered by the GM and the Directors. It was a very collaborative environment where employees where encourage to take ownership. Things were not perfect but progress was being made. After her departure in April 2014 everything went downhill.

Cons

The new CEO systematically dismantled every process, system, culture. values and relationship that Folica had built over 15 -20 years. She alienated the employees, and pushed many of them out to be replaced by her friends who had no experience in e-commerce. She is a very arrogant, irrational and unpredictable. She and her cohorts managed to shrink the company to half its value in less than a year. Revenue has continued to shrink month over month, brands and partners have abandoned Folica, customers base is shrinking, bills have been unpaid for months and employees are being laid off. Folica's future is bleak unless the board steps in to make major changes. This CEO has taken the company from the road to recovery to the road to bankruptcy.

1.0
18 May 2010

Horrible, horrible place to work

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Pros - they are internet savvy (as can be seen by the fake reviews touting Folica as a fabulous place to work), there are free products occasionally, the offices are right in midtown Manhattan.

Cons

Folica's first problem is that it hires people to senior management positions that they are unqualified for in order to be able to pay them less (counting on folks to take the title upgrade as part of the compensation package, which they do). Therefore, leadership is spotty at best, capricious and panic-driven at worst. Second, all the folks there are underpaid--you are given a huge spiel upon hiring about how they want you to be a "part owner" of the company, and how others have taken "huge pay cuts" to take this opportunity. This is nonsense. They pay you less and work you more - please note that office hours are 9 - 6, lunch breaks are frowned upon, and leaving at 6 PM even occasionally is cause for dirty looks. The offices are open; therefore, your comings and goings are constantly monitored. There is zero support, zero praise for work well done. Every "issue" that arises is treated as a five-alarm crisis, and blame is constantly placed--there is no sense of "we are a team and therefore this is our issue;" one person will be singled out as the scapegoat and will be alternately ignored and berated by management until the next fire breaks out. If you are the scapegoat more than once, your job is in jeopardy (whether or not you have a good track record). I was lucky enough to escape this, but witnessed it again and again. Nothing is documented, so issues arise over and over again, which is exacerbated by the fact that every solution is short-, not long-term. Senior management is incredibly hostile and unfriendly.

Viewing 1 - 3 of 21 Reviews

Glassdoor has 21 Folica reviews submitted anonymously by Folica employees. Read employee reviews and ratings on Glassdoor to decide if Folica is right for you.