Poor Leadership, very political and dysfunctional work environment; increasing brain drain problem
Pros
Good brand recognition; strong market dominance in the U.S., impressive VisaNet performance
Cons
Poor leadership can be found across the company. Employees often find their roles and responsibilities are unclear, which is quite common in many departments. There're too many unnecessary layers in some organizations. Often time, job promotion is not based on performance (which is secondary in most cases), but based on how skillful an employee can kiss up and kick down. There are way too many so called Senior Director and VP in the company. Some of them don't even know what they're doing and/or how to do their job; and they even don't understand the business and the industry. Amazing!! There's a lot of FAT and Parasites in the organization. The sad things are that there are a number of talent employees who are experienced and who made significant contributions to the company got marginalized or pushed to the sideline because of their incompetent managers who see them as a threat. Over the past 2 years, I have been seeing a number of talent and great employees who left Visa. The work environment has become very political and dysfunctional, which can be found in many organizations within the company. The politics there are very thick. The leadership is very poor. I have worked for a number of Fortune 500 and small and medium sized companies prior to Visa, but I have never seen there're a lot of negative employee comments posted on InSite (internal company web site) about the leadership, benefit cuts, etc. I wouldn't be surprised there will be more good employees leaving the company soon.