Hostile buy-out ruined this company - Customer Service Representative InvestorPlace Employee Review

1.0
8 Apr 2019
Recommend
CEO approval
Business outlook

Pros

-Laid-back work environment - Pay was alright

Cons

- Had to talk to angry customers that were screwed over by the company. -Slowly became more and more sales-oriented. The entire customer service department was laid off with no warning.

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InvestorPlace Response
7y
My name is Brian Hunt. I’m the new CEO of InvestorPlace. It’s true that we changed our customer service team with no advanced warning to the team members. That was a good thing to do for our customers and our company. Here’s why… When businesses decide to move customer service departments to different locations, they typically do not notify staff in advance. If a business’s customer service staff is notified in advance, the business runs a large risk of disappointed/angry customer service reps treating customers badly. That’s why most customer service department relocations are done with no advanced warning to the staff. Moving the InvestorPlace customer service department was a difficult decision. But it was done the way it was done to protect the relationships we have with customers. A handful of our caring employees made sure it was done in a professional and respectful way. I hope this note gives you a better understanding of what happened. We wish you well in the future.

Explore other reviews about InvestorPlace

5.0
4 Feb 2024
Recommend
CEO approval
Business outlook

Pros

The company is fast paced and allows it's team members to grow and experiment.

Cons

Sometimes it's hard to prioritize work.

4.0
23 Jun 2025
Recommend
CEO approval
Business outlook

Pros

- Flexible - Good perks - Work life balance was respected

Cons

- Poor high level planning - Layoffs

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