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Good benefits, but frequent layoffs

Principal Engineer
Current Employee
Has worked at Verizon for 6 years
June 5, 2024
Walnut Creek, California
3.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

Good benefits such as 401(k) with a 6% employee match, low insurance premiums, and a good bonus.

Cons

Frequent layoffs across orgs, no long-term product strategy.

Advice to Management

Strategize, plan, and reduce layoffs.

Additional Ratings

Work/Life Balance
3.0
Culture and Values
4.0
Diversity, Equity, and Inclusion
4.0
Career Opportunities
3.0
Compensation and Benefits
4.0
Senior Management
3.0

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