The Downfall of Another Great American Company - werkgeversreview Software Engineer bij Boeing

3,0
21 dec 2018
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Lots of great co-workers (before they all got laid off).

Minpunten

Boeing, IBM, GE, HP, etc. will all collapse due to the obsessive-compulsive focus on share price which has burdened them with too much debt. Boeing just announced that it will increase share buybacks to 20 billion. No wonder they are cutting benefits and fighting raises. The debt now exceeds its equity levels by over two-times, which means for every $1 you invest, the company owes more than double of that to debtors! Yet the company lavishes money on the insiders through share buybacks while cutting everything else to the bone. They are even selling buildings and land in the Seattle area to raise money for share buybacks, with absolutely no regard for all the troubles this creates for the employees due to commuting issues (ask the Bellevue employees and you will get an earful).

Ontdek andere reviews over Boeing

5,0
16 jun 2026
Anonieme werknemer
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Fantastic benefits and work-life balance. 401k match is unmatched!

Minpunten

Easy to get pigeon-holed into a role. Try exploring ways to stay pro-active and do different things

3,0
27 mei 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Easy going, nice benefits, free further education (masters/PhD). Great for an engineer starting out who needs to dip their feet in the pool of engineering for a few years and to get a great 401(k) match at the start of your career (compounding growth). Great for late stage career due to the benefits and solid enough pay in a low cost of living area

Minpunten

pay-scale lagging, no emphasis on learning new things, no punishment for people who are bad at their job. After working for 4 years, I feel like I should have jumped ship after 2. I haven't been given meaningful work that really challenges me in a while. Now I feel pigeonholed into staying because I have enough years of experience that I really should be considered senior, but I haven't been given work that reflects what I senior engineer should be capable of. Now I'm trying to jump ship before it's really too late. If I stay here another 2 years I think I will be genuinely unemployable and will have to stay at this company forever.

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