Pros
PTO. That's about it. (I have to write some more here because they want at least 20 words. The quick brown fox jumped over the lazy dog's back.)
Cons
I worked 17 years in Automotive product development in Austin Texas. I can only review the Automotive group. Getting laid off was the best thing that has happened to me in my life. Why I stayed at this company so long is beyond my comprehension. I experienced 20 (25, 30? too many to count) layoffs. The increased workload piled on the remaining people kept the stress levels rising until eventually all that was left were people who hated working with each other. The place was slowly killing me. I stayed because I didn't think I could find another job. I was very wrong. I found a great job at a wonderful company on my first interview.