Lockheed Martin - The Good, The Bad, and The Very Very Ugly | Glassdoor
There are newer employer reviews for Lockheed Martin
There are newer employer reviews for Lockheed Martin

See Most Recent

Helpful (8)

"The Good, The Bad, and The Very Very Ugly"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Project Manager in Sunnyvale, CA
Former Employee - Project Manager in Sunnyvale, CA
Doesn't Recommend
Negative Outlook
No opinion of CEO

I worked at Lockheed Martin full-time (More than 10 years)

Pros

Very good salary and benefits. Significant projects of national importance. Extremely accomplished, talented and intelligent colleagues. Respected employer.

Cons

Lockheed Martin’s current and long-term business outlook is very poor due to government budget cutbacks. Mostly under the radar, up to 30,000 layoffs have happened in the last several years, and more layoffs are coming. My LM colleagues are looking over their shoulders for the ax; morale is absolutely terrible in Sunnyvale, CA, and likely at most other company facilities. Just last week, LM targeted several new facilities for closure, with another several thousand jobs lost.

There used to be many development and educational programs available, but most have been cut in the last couple of years (or dried of support), so many fine employees are now left on their own, with little or no support (outside of their manager's advice) in their efforts to advance.

Work/life balance varies wildly, some are lucky to be working a normal and easy 40-hour week. For my first five years, I worked between 55-70 hours a week; my last eight years have averaged 48. Some very senior managers (or those on proposals) work seven days a week, and haven’t had a day off in a year, or more.

For the last 8-10 years, the company’s mantra has been “We never forget who we’re working for,” urging even more hard work and sacrifice from you, all because the company supports our government and military (which I also strongly do). But, in the end, it’s just propaganda; LM has turned out to be just another company wanting to make money, and (in the words of a company VP) they “will get everything they can from you.” The only things proven to be really important to LM are profits, the shareholders, and the customers buying the products. Those customers end up calling many of the shots in project engineering and management, and on many occasions, they have ruined an engineer's, manager's, Director's or VP's career on a whim or a disagreement, or just a personal issue in a meeting. Employees are disposable to Lockheed Martin; those that are truly valued and respected are rare. Running afoul of a company policy is just fine when the company does it and it benefits the company, but when an employee does it, it's big trouble, and likely termination. I've seen (and heard of this) many times.

And finally, watch your back with HR – they have a very long history of protecting select people (especially those within HR) who blatantly and frequently break the rules or mistreat their people. For years, I’ve seen far too much wrongdoing (and stood up against what I could - I likely was laid off because of it). LM surely does not want those things coming to public light, so with your (pretty good) severance package comes with a big string and a very strong warning – you saw nothing, and you will say nothing.

Advice to Management

Practice what you preach, and really start valuing employees.

Other Employee Reviews for Lockheed Martin

  1. "Company treats you well, but there is the constant risk of lay offs."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Engineer in Syracuse, NY
    Current Employee - Systems Engineer in Syracuse, NY
    Recommends
    Negative Outlook
    Disapproves of CEO

    I have been working at Lockheed Martin full-time (More than 5 years)

    Pros

    Family friendly
    Good benefits
    Great mentoring and learning opportunities

    Cons

    Upper management caters to stockholders too much. Employees treated as disposable. Constant lay offs


  2. "GPS program"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Newtown, PA
    Current Employee - Financial Analyst in Newtown, PA
    Recommends
    Negative Outlook
    Disapproves of CEO

    I have been working at Lockheed Martin full-time (More than 5 years)

    Pros

    Good company, flex time, three weeks vacation from day one, good benefits over all.

    Cons

    Depends on the group you are in, but some big programs just go though people, use them and throw them away then they are done. Hard to get promoted, more based on who you know and who your mentor is then how hard you worked. Work life balance none existant. Lost allot of great folks mainly over this.

    Advice to Management

    People have lives outside their job!

There are newer employer reviews for Lockheed Martin
There are newer employer reviews for Lockheed Martin

See Most Recent

Work at Lockheed Martin? Share Your Experiences

Lockheed Martin
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or