Pros
Location-wise this is a very good employer in terms of the overall package (benefits + salary). Highly competitive salary in the field and a large set of bonuses provided (cell phone, xbox game pass, budget for sport+wfh+health via Perks+, very flexible in terms of wfh, 10 sick days, sw discounts, stock bonuses) Working with great smart people, most teams are pretty good; I met no toxic managers nor teams. Very inclusive company. A lot of flexibility in terms of approach to work, albeit there are a lot of pointless processes, unimportant meetings, architectural talks where nobody pays attention, etc. Interesting projects, many opportunities for self-realization.
Cons
A lot of pointless processes, meetings, talks; people discussing architecture and implementation approach and then still not following the agreement. There is a lot of work constantly, hence most people only pay attention to their projects and is difficult to make other teams to provide vital services, endpoints, etc. (If you need something, you will most likely end up doing it yourself.) A bit chaotic management, sometimes lack of communication between teams. Multiple teams sometimes end up working on the same component, realizing only after such component is done, at which point it is too late to make it a library. Some people might also feel unfair about promotions, though this is roughly the same across all FAANG companies. Most of times it is easier to get hired as a higher level engineer than being promoted. Not that promotions would have any significant effect on the salary anyway (the increase is usually around 5-10% per level.)