There are newer employer reviews for Raytheon

1 person found this helpful  

Life rolls over you at Raytheon with layoffs of 5000-10,000 people in 2013

Former Employee - Senior Manager in McKinney, TX
Former Employee - Senior Manager in McKinney, TX

I worked at Raytheon full-time (more than 5 years)

Pros

Good Salary, Great Benefits... unless you get laid off

Cons

Layoffs resulting from Senior management failing to remain competitive and rely on sole source contract renewals versus competing for new business resulting in the demise of at least one of the major business divisions at Raytheon. The leaders get the golden parachutes while the employees get the layoff notices... 5,000-10,000 of them in 2013 with Wall Street cheering on the current CEO who is also about to retire and wants to preserve the value of his stock options.

1496 Other Employee Reviews for Raytheon (View Most Recent)

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  1. 3 people found this helpful  

    For The Young Only

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manf Engineer in Forest, MS
    Current Employee - Senior Manf Engineer in Forest, MS

    I have been working at Raytheon full-time (more than 10 years)

    Pros

    9/80 Work Schedule (Every other Friday off)

    Cons

    The "Forced Rating System" is used not allowing actual deserved performance ratings by supervisors (i.e. most great performers told they are doing fair only or unacceptable).
    there is forced employment reductions of employees over 50 years of age (their form of the movie "Logan;s Run"). Most managers are managers only with no experience about what their staff does (non-technical).

    Advice to ManagementAdvice

    A new CEO with "christian faith" must make major changes to culture.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Good/Solid Company to Work For

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Mechanical Engineer in Tucson, AZ
    Current Employee - Senior Mechanical Engineer in Tucson, AZ

    I have been working at Raytheon full-time (more than 8 years)

    Pros

    9/80 Schedule, Work Life Balance is truly supported, educational reimbursement, diversity of work and people

    Cons

    Slow and not as efficient as it can be - sometimes run into the "that's the way we've always done it mentality"

    Advice to ManagementAdvice

    Encourage the high performers

    Recommends
    Positive Outlook
    Approves of CEO
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