Verizon Communications is a Telco that is a solid company with a healthy balance sheet but shaky future. - Director Technology Verizon Employee Review

3.0
16 Jul 2010
Recommend
CEO approval
Business outlook

Pros

Verizon Communications is a Telco that is a solid company with a healthy balance sheet and a great product in FiOS TV. They have excellent salary and bonus plans, decent benefits and people generally work hard. Ivan Seidenberg is an excellent visionary leader as CEO

Cons

Despite a long history of excellent performance, the recent trend for Verizon is one of desperation. Margins are shrinking more than anyone would like. Ivan Seidenberg looks to be retiring in 2 years or less. The middle executives are terrible at communicatine, believing in their people and all are in the mode of "protect your own and help this thing last a couple more years so I can retire". They haven't hired new management employees in too many years, so the workforce is too old and afraid of risk. It's a bad trend for the mid-term future.

Explore other reviews about Verizon

5.0
21 May 2026
Recommend
CEO approval
Business outlook

Pros

Great pay, great benefits. I had the ability to work remotely and hybrid during my 25 years. Had mostly good experiences and appreciate the time I worked there.

Cons

Unexpected layoffs, but those are pretty common these days.

4.0
26 Jan 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.

531
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