Ericsson reviews

They made some very bad moves, especially in the Media division. They bought part of Microsoft to enhance their position in the IPTV space and then let that management team run wild. They overspent on a next generation cloud based IPTV platform, which over promised features and undelivered on results. It was too late to the market and didn’t deliver much over the previous products.

Pay is shockingly low among non-managers and even middle managers, though the company likes to tell us it is in line with industry standards. Management training is almost non-existent, and there seem to be far too many people employed at higher levels with incomprehensible job titles and functions. Managers are also sometimes expected to be account managers rather than people managers, meaning that staff can be overlooked. Staff turnover on some teams is so bad it is like a revolving door, and work/life balance varies greatly depending on which team you are on. Some jobs are extremely monotonous. Many people come to rely on overtime money because the base salaries are so bad. The IT systems are impenetrable, and dealing with other teams that are all in other countries because of offshoring (e.g. for expenses or HR, for example) can be difficult and bureaucratic. Team spirit has decreased since we were bought, and retention is increasingly difficult. Opportunities for advancement do exist, but generally not within teams - you would have to change job role internally.