Qrtly results drive everything and they are only making their numbers by expense cuts (read dumping good, loyal emps) - Anonymous employee Verizon Employee Review

1.0
Nov 26, 2010
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Overall compensation is relatively fair; they offer good 401K matching; the benefits are fair; the company is at the leading edge of the boom in all forms of wireless communications including data transfer

Cons

No opportunity for advancement on the wireline side; in fact, it does not matter how well you do your job or what you accomplish; constant downsizing; every year is another round of reductions in: jobs, pay, bonuses and benefits; don't believe anything you hear or read about "best place to work" - they do not care... at all; they are making their quarterly numbers through deep cuts in employees and the rest of us are expected to do the work previously done by 2, 3 or more; even recently new hires in non-mgmt positions are brought on, worked to death and then dumped before they become eligible for any retirement or healthcare benefits; if "diversity" does not work in your favor look elsewhere

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4.0
Jan 26, 2015
Recommend
CEO approval
Business Outlook

Pros

Compensation is competitive but you will work very hard for it. Culture is excellent and exhibited and practiced from the top down. Benefits are excellent and cost reasonable. 401k match and profit sharing. Lots of training and professional development opportunities. Can advance if you're willing to relocate.

Cons

Company is trying to transform into what it wants to be beyond a wireless carrier (cloud?, security?, telematics?, wholesaler?, etc) and is struggling with a vision, resources, and org structure to make it a reality. Several re-organizations over last few years so job security has frequently been a question. Often delayed response to competitors caused by management's concern that acting would result in not meeting Wall Street expectations. Not the "happiest" place to work because no result is ever good enough and successes aren't celebrated because the focus is always on the next weekly/monthly/quarterly goal.

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