Pros
Work with some very clever, interesting and nice people globally. Pockets of greatness. If you are in the right division or team, then there are opportunities to do interesting work, with plenty of freedom/leeway to define own role and organise how you get on and do the work. . Generally a relaxed working atmosphere. Good social events. It still feels like they are trying hard look after us. Not irredeemable, still lots of us trying to make things better and stop the slide.
Cons
It may just be me, but it does feels like we are in danger of losing what made the company great ... I think that what is happening, is that as the company is growing, the effective influence of those who make and sell the products is being watered down by the tertiary functions. I think another contributory factor might be because our CEO seems to have located himself away from where most of his engineering is happening. Regardless of why, the net effect is that it feels to me and other long term engineers, that we are not focusing on the product or the mission enough. Instead we seem to be spending increasing amounts of resources on corporate logo's, policies and programs, and not enough on things that might make a difference, e.g. engineers and engineering infrastructure.