Raytheon - Life rolls over you at Raytheon with layoffs of 5000-10,000 people in 2013 | Glassdoor
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There are newer employer reviews for Raytheon

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Helpful (4)

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

Star Star Star Star Star
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.

Other Employee Reviews for Raytheon

  1. Helpful (6)

    "For The Young Only"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manf Engineer in Forest, MS
    Current Employee - Senior Manf Engineer in Forest, MS
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

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


  2. "Raytheon IT"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Principal IT Architect in Denver, CO
    Former Employee - Principal IT Architect in Denver, CO
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Interesting work, diverse locations and opportunities, particularly DoD related. Significant opportunities for growth in skills and training. Opportunities for travel to many US and international job sites. Strong reputation and recognition. Leading company with leading technologies. Great place to work for engineers, IT architects, project managers, etc.

    Cons

    Many IT jobs require security clearance, Some jobs contingent upon government contracts and may go away when the contract ends. Career growth hard, in some cases, if you can't relocate to another city/facility. Some jobs depend on on-going contract funding by the US government, which seems to have issues recently. Effort expectations frequently exceed normal work hours.

    Advice to Management

    Diversify more into civilian and non-government opportunities.


There are newer employer reviews for Raytheon
There are newer employer reviews for Raytheon

See Most Recent

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