Pros
Overall I think the company does value its employees and treat them with respect. I can't say that it has ever been unpleasant to work here. I have met many good people and new friends. I am also satisfied with my compensation and benefits.
Cons
Dell is in the middle of a fundamental and painful transformation which I am not confident that management can pull off. The message is that we are moving towards a solutions provider rather than cheap box pusher, but the sales people are not compensated for that model. Many people in services are all talk with not much to back it up. Unfortunately management doesn't seem to know the difference and are impressed with the big talkers. There is a ridiculous amount of redundancy amongst the organizations. Groups end up competing with each other internally. I often feel like the company is over reaching rather than building on it's current strengths. In spite of its reputation for being frugal, Dell throws away huge sums of money on half baked initiatives and redundancy. It's baffling how a company of this size can have such poor revenue tracking.