Pros
Global company with many opportunities in a variety of career options and locations. Wonderful products and many great, hardworking people still work there. Compensation and benefits are competive. Overall, conservative with expenses.
Cons
Senior employees are "conveniently" weeded out in favor of younger, less costly to keep employees. Nepotism and buddy systems are blatant: friends and family are mentored and promoted over "not connected" qualified candidates. Employee job performance feedback is ineffective - subjective with quotas on how many can receive higher grades (often reserved for those on the "fastrack", regardless of ability). Programs are implemented without good planning or reason just to show that management is "doing something".