Used to be a great company - Project Manager Xcel Energy Employee Review

2.0
2 Oct 2023
Recommend
CEO approval
Business outlook

Pros

I work with some of the greatest people.

Cons

Severely cutting expenses with a complete halt on travel, and introducing a "Voluntary Retirement Plan" as a means to reduce staff. The possibility of cutting AIP is looming, and uncertainty prevails. A high-ranking executive in the C-Suite is departing (one of the best IMO), marking the fourth VP or higher to leave this year. Morale has hit rock bottom, and many individuals I interact with are actively exploring other options. It appears the sole focus is on pleasing shareholders, while our stated values of Safe, Connected, Committed, and Trustworthy seem to be mere rhetoric. I find myself questioning whether management genuinely upholds these values or if they are just empty words. Over the past few months, leadership has taken actions that has eroded the trust of employees, and it could potentially take years to rebuild. There was a time when I took pride in declaring that I worked for Xcel. Unfortunately, that sentiment no longer holds true for me.

Explore other reviews about Xcel Energy

5.0
4 June 2026
Recommend
CEO approval
Business outlook

Pros

Good people that want to help.

Cons

Corporate, everyone is money crazy.

5.0
18 May 2026
Recommend
CEO approval
Business outlook

Pros

Standard methods, cloud infrastructure, and reliance on in house staff over contractors makes it very easy to implement safe, fast, consistent changes. You will be valued as a human and you will have a voice within this company. You can make a career here. Your coworkers and immediate leadership are all talented and intelligent individuals who actually know how to do the same work you are doing.

Cons

AI rollout and unevenly applied hybrid work made things difficult for employees with disabilities and those that lived far from office who had traditionally worked remote or for tasks that do not lend themselves well to AI overhead

See reviews by: Helpful|Rating|Date|All