Overstock Ranks as One of America’s Best Midsized Employers of 2021
Forbes Recognizes Company on Prestigious List of Best Places To Work in U.S.
SALT LAKE CITY, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading e-commerce home furnishings retailer and advocate of blockchain technology, has been named on Forbes List of America’s Best Midsized Employers of 2021. Forbes partnered with market research firm Statista to compile their list by surveying 50,000 Americans working for businesses with at least 1,000 employees. Overstock was one of 500 US companies and one of 27 in the Retail and Wholesale segment, selected for the prestigious recognition.
Across 25 industry sectors, 1,000 employers, (500 large employers, and 500 midsized employers) have been awarded. The evaluation was based on anonymous direct and indirect recommendations from employees that were asked to rate their willingness to recommend their own employers to friends and family. Employee evaluations also included other employers in their respective industries that stood out either positively or negatively. According to Forbes, the companies on the list have risen to the occasion in the wake of the global pandemic, navigating challenges and adapting in ways that benefit both their customers and employees.
“We are honored to be recognized by Forbes as among America’s best midsized employers,” said Jonathan Johnson, Overstock’s CEO. “I’m extremely proud of all the amazing teamwork that has helped us achieve incredible market share growth – all while pivoting to a work-from-home model to keep our employees safe and healthy during trying times.”
Headquartered in Midvale, Utah, Overstock employs more than 1700 talented individuals with a wide variety of experience in e-commerce, technology, marketing, merchandising, analytics, supply chain, and more. With additional offices and warehouses across the United States and an office in Ireland, Overstock is committed to diversity, innovation, and a culture that fosters leadership, inclusion, and transparency.
“We take pride in the inclusive, focused, and collaborative culture we have built at Overstock. Frequent and transparent communications, along with compassionate approaches to addressing employee needs have allowed us to maintain a highly engaged and productive workforce through the pandemic,” said Meghan Tuohig, Overstock’s Chief People Officer. “We’re thrilled to be honored on the Forbes Best Employer list and look forward to continued growth of our talented team.”
For more information on career opportunities at Overstock, visit https://www.overstock.com/careers.
About Overstock
Overstock.com, Inc. Common Stock (NASDAQ:OSTK) / Series A-1 Preferred Stock (tZERO ATS:OSTKO) / Series B Preferred Stock (OTCQX:OSTBP) is an online retailer and technology company based in Salt Lake City, Utah. Its leading e-commerce website sells a broad range of new home products at low prices, including furniture, décor, rugs, bedding, home improvement, and more. The online shopping site, which is visited by tens of millions of customers a month, also features a marketplace providing customers access to millions of products from third-party sellers. Overstock was the first major retailer to accept cryptocurrency in 2014, and in the same year founded Medici Ventures, its wholly owned subsidiary dedicated to the development and acceleration of blockchain technologies to democratize capital, eliminate middlemen, and re-humanize commerce. Overstock regularly posts information about the Company and other related matters on the Newsroom and Investor Relations pages on its website, Overstock.com.
O, Overstock.com, O.com, Club O, and Worldstock are registered trademarks of Overstock.com, Inc. Other service marks, trademarks and trade names which may be referred to herein are the property of their respective owners.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact, including but not limited to statements regarding Overstock being a top employer in the nation. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, which was filed with the SEC on March 13, 2020, in our Form 10-Q for the quarter ended March 31, 2020, which was filed with the SEC on May 7, 2020, in our Form 10-Q for the quarter ended June 30, 2020, which was filed with the SEC on August 6, 2020, in our Form 10-Q for the quarter ended September 30, 2020, which was filed with the SEC on November 5, 2020, and in our subsequent filings with the SEC.
| Contacts Investor Relations: Alexis Callahan 801-947-5126 ir@overstock.com | Media Relations: Megan Herrick 801-947-3564 pr@overstock.com |