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Lockheed Martin

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Lockheed Martin reviews about "layoff"

73% positive business outlook

Reviews by job title

228 reviews
2.0
Oct 17, 2021
Recommend
CEO approval
Business Outlook

Pros

PTO, 401k, and generally good life/work balance depending on job function and department. Some of the low and middle managers are great.

Cons

Major IT decisions made by high level executives who know nothing about IT functions. Diversity for the sake of diversity in promotions at the higher levels. Lockheed should be on the forefront of technology, but they are not only behind, their decisions show they'll never catch up, this goes back to VP's with no IT background, making major IT decisions. The latest restructuring of a certain program's IT dept is one of the most absurd moves I've ever seen in a dept. Creating more job difficulty and time consuming tasks in an attempt to interject Agile surveillance so the newest VP's can make more layoffs and cuts to make their numbers look great as new leaders.

4.0
Jan 26, 2022
Recommend
CEO approval
Business Outlook

Pros

work/life balance is phenomenal here, great with those with a family or a side hustle.

Cons

Its the defense industry so it come the technology and practices are always behind commercial companies. And layoffs are a thing.

4.0
Nov 23, 2022
Recommend
CEO approval
Business Outlook

Pros

Logistics, Air Cargo,Transportation, Material Handler.

Cons

Being Layoff during trying times.

2.0
Sep 7, 2022
Recommend
CEO approval
Business Outlook

Pros

The 4/10 work schedule and remote work.

Cons

Raises below inflation rate and no actual compensation for good performance. Management is disorganized and they keep doing reorgs that don't work. No job security with layoffs every 6 months For PR employees, you'll receive a fraction of the benefits and pay that your team members in the states receive. Be prepared to feel like a 2nd class employee.

4.0
Dec 12, 2021
Recommend
CEO approval
Business Outlook

Pros

stability, telework, opportunities to change jobs, 9/80 or 4/10 schedule is the norm

Cons

layoffs are common and stressful, health benefits reduce year after year

4.0
Mar 9, 2022

Good company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Great 401k match/benefits - Job scouting within company after layoffs is great - Competitive pay compared with other Aerospace companies

Cons

- Promotion model is flawed

4.0
Sep 14, 2021
Recommend
CEO approval
Business Outlook

Pros

My work enabled the warfigher, weather amongst other entities by building covers… not your ordinary “covers”. Loved my job.

Cons

Work is up and down. When it is slow you worry about layoffs but then on the flip side when there is an abundance you basically live there…

Viewing 19 - 21 of 228 Reviews

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