Vantaggi
Verizon has good benefits - 401k, medical, dental - however the employee contribution cost has been increasing some over the last couple years. Opportunity to work with new technologies is good. People with diverse ethnic backgrounds almost guaranteed employment with company.
Svantaggi
Too much churn from above mentioned re-org's, acquisitions and divestitures. (Alltel/Frontier). The fallout from the last three years of layoffs is that no one knows who to call or contact anymore for assistance since many people and/or groups are now gone or defunct. It is clear that upper management fear for their jobs and are deploying empire-builing tactics to save their jobs/function/groups. Definitely a dog-eat-dog environment where protecting and keeping a job can be a daily obsession. It is difficult to break away from the phobia and fear-mongering and try to ignore all the rumors floating around. Unfortunately, this makes it difficult to concentrate and perform at your best. Just when it seems the storm is passed, something new comes up. Bad, bad, bad marks to the company for layoffs (RIF's they call them) just prior to the holidays - that is simply evil. At least let people look for a new job while the weather is good. Lastly - Verizon caters to the unions while the management employees suffer.