Pros
Although many great people have been RIF'd perhaps due to necessity, many talented employees remain and have now assumed, unfortunately, intense workloads. Evansville is a great place to live with small town benefits of easy commutes, low crime, low housing costs, and great schools. If the company can stabilize and get to new owners via an IPO, then perhaps a once great company can survive and prosper.
Cons
Company has and is losing money for a variety of reasons - poor economy, restricted access to capital, inventory of non-performing loans, etc. It's a toss up whether they'll survive. Prior senior management have been replaced and the new CEO installed in 2010 is erratic, unpredictable, has never managed a company of this size or complexity, and has a prior record of failure. Company culture is in rapid transition, throwing out many good practices/controls in the name of change. Given the instability, many existing employees are looking for their next job while they still have one.
