QuinStreet clearly demonstrates that it does not care about its employees. The company frequently has mass layoffs, usually about once per a year. In fact, a few months ago twenty-five percent of the employees in the main office were laid off, which means roughly 60 people lost their jobs. Instead of creating a new business strategy and repurposing the talent they have to better serve the company, QuinStreet simply lays tons of people off. Then they hire a bunch of new employees and stick to the same business plan, and when the company predictably doesn’t do any better, they turn around and lay everyone off again. It’s a vicious cycle. Aside from knowing your job is insecure, the constant layoffs cause an atmosphere of fear and panic in the office. There’s an unusually high amount of pressure from your manager to do well, since there is intense pressure from his manager to do well, and so on up the managerial chain. This is because they don’t want to have to lay you off, but also because they are scared for their own jobs. Ultimately it amounts to a sour and sometimes mean atmosphere in the office, which further harms productivity.
Another way the company shows its lack of appreciation for its employees is by not offering a 401K match. I had a QuinStreet HR specialist actually say to me that it doesn’t make financial sense for the company to offer a 401K match. I don’t know how much more clearly she could have said that the company is only concerned about the company and not the well-being of their employees. I’ve worked for companies that really value their talent and provide special benefits for the sole purpose of benefiting their employees; these companies also make a special effort to use each employee’s skill set to the fullest to avoid the need for a layoff. QuinStreet is definitely not one of these companies.
I see that QuinStreet is hiring again, and it’s only a matter of time until they let more people go. If you have any other options, I’d advise you not to work for QuinStreet.
