Genworth - They view layoffs as a sport.... | Glassdoor
There are newer employer reviews for Genworth
There are newer employer reviews for Genworth

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"They view layoffs as a sport...."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Sales
Former Employee - Sales
Doesn't Recommend
No opinion of CEO

Pros

Good compensation and benefits, talented people

Cons

Senior leadership leads by fear. They like to lay people off and then make them interview for their jobs just for the fun of it. The company drives away their most talented people either through layoffs or they leave when they get tired of the games. Very sad, actually. GNW could be a good company.

Advice to Management

Layoffs are not a good course of business, and leads to terrible morale. When the industry knows that Genworth is going to layoff employees regularly, they start to lose faith in the company and the products that they sell.

Other Employee Reviews for Genworth

  1. "It's ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    Pros

    Nice people.
    Mgmt. is clear on expectations and there is a good tone from the top.
    Gym is nice to use at lunch.
    They make an effort to develop people which is appreciated.

    Cons

    Not a place to grow a career as whatever you started at in pay they increase it only small amounts each year. Good place to get experence and go somewhere else.


  2. Helpful (1)

    "Dilbert"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Pay is acceptable
    Better than being unemployed
    Benefits and Wellness are strong

    Cons

    Uncertain future of the company and industry it serves.
    Many restructurings and layoffs.
    No clear career plans.
    No conenction between management and employees.

    Advice to Management

    Wlak the halls and get to know your employees.


There are newer employer reviews for Genworth
There are newer employer reviews for Genworth

See Most Recent

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