It is a rocky company right now. It is facing a lot of competition and has seen its recent (and very expensive) efforts wind up being far more costly and time-consuming than it planned, and it has been taking a beating on customer relations. This all leads to a very cutthroat environment, because everyone is frightened of losing their jobs to the next round of RIFs (or "remapping" or "reorganization efforts"). Management is tight-lipped about developments and changes, because of a rampant fear of (a) giving away any power they might have by having that information, and (b) employees making decisions based upon that information that would not benefit that particular manager (opting to switch to a different department, for instance). The long-timers at Verizon seem to offer an across-the-board consensus that while Verizon used to be a model company for which to work, it has taken a severe nosedive, and has become the stereotypical management-versus-employees, everyone's-afraid-of-the-big-bad-RIF situation. It is a very red-tape, cutthroat organization right now, and it takes a certain personality to succeed in it--that may be a pro or a con, depending on whose evaluation you're reading, but for me, it is a definite negative.
