Pros
Salary is competitive. Work is interesting. They offer pretty decent benefits. They have sites in many locations. They use quality industry tools. Most of the technical people are very bright and seem to know what they're doing.
Cons
There's a culture for a cycle of constant layoffs and constant hiring. So even if you do your job, meet your deadlines, your head may still be on the chopping block. It's an atmosphere of fear where you are constantly worried if you're playing the political game well or not. If you're a quieter person, this place definitely advocates that the squeaky wheel gets the oil. As a new person, you're constantly worried if you spoke enough in meetings or if your work is a high enough quality. But in the end, that doesn't matter, and it just depends on whether Senior Management likes you or not.