On the Management side (non Union), the closer you get to NJ and/or Leadership, you will be exposed to Corporate Bullying, Hostile Work Environments, Incompetent Leadership and overall a toxic, Machiavellian culture that does not value its employees. This environment has been years in the making where its not about solving a problem, launching a new product and driving results. Rather, its about building "big decks", developing the "story" explaining why the bad news is good news and fictional "actions" that will not solve the problem.
Verizon is neither a results-driven culture nor a performance-driven culture. It is not an environment where the "best idea" wins, its about backstabbing your colleagues and attacking their ideas; remember, if you attack someone else's idea or sabotage their project, they look "bad". Obviously, you didn't do anything good, but you won't look bad as your "colleague" will. Thus in the next round of cuts, your "colleague" may get the call or, during the next promotion, your "colleague" may not be considered due to the failure you caused.
The environment, in my opinion, is going down hill faster as the "star" from Wireless, i.e. growth and profitability, is fading, Wireline has not been invested in and, for the most part, the company's acquisition strategy has largely been a failure (except for the divestment of Wireline assets to Frontier). Verizon 2.0 was ill-conceived and executed upon to mask the profitability decline in Wireless. Two years in the making and systems have not "converged" and you largely have two sales forces.
Consumer, on the other hand, from a wireline standpoint has not been invested in. FiOS is a tired brand. From a Wireless perspective, Verizon led with the same devices as everyone else and having the best network. However, other than providing Voice, SMS & Data, no other services were delivered by the network thereby relegating Wireless being a "d-mb pipe" which is the same outcome for Wireline.
The good news is that the flywheel is slowly losing momentum and as revenue declines due to customers leaving and/or rate reductions, revenue can persist for years and Verizon can continue to lay-off its workers to maintain profitability. This is yet another reason why the environment is increasingly becoming more cut-throat, your colleague will stab you in the back to maintain their job. I'm even aware of leaders blaming their employees for their mistakes and causing a ruined careers amongst their employees.
Ultimately, it's a slowly sinking ship with little to no strategic vision and execution. Just collect your paycheck, STI and LTI and watch your six.