Pros
The company has decent pay. It is a well known company so it looks good on your resume. Your family and friends may be impressed. If you're getting a new car, you can use employee discount or an internal program called "tagging" an executive's car and get a really good deal. You get Christmas through New Years off paid outside of your regular paid vacation days. You can also buy up to one week of vacation time to add to your accrued time each year.
Cons
The company is going down the toilet. Management is too busy trying to solve short term issues while ignoring the elephant in the room. They take any new suggestions they hear and present them as their own. They treat employees like doormats. No respect for your opinions or your time. Unproductive meetings go on all day everyday. Work Life balance sucks. You're expected to work 60 hours per week, through your lunch, on the weekends, and be on call on vacation too. Your manager must ok it if you want to leave your department and get experience in another. They usually will not approve that. There is no way to control the progress of your career. Usually if you get hired in a department, it will take nothing short of an executive director to step on heads to get you out, especially if you are a minority. HR is not your friend. As far as salaried workers, we don't have any representation when we are lied to or mistreated. If you complain, expect mangement to recruit several levels of mgmt, take you into a conference room and beat up/bully you into accepting what they want you to accept. It's a barbaric work environment, with very low employee morale. Everyone walks around scared, throwing out VP names that say they want results in 10 minutes. I hear college recruits are not even considering working for this company. Smart move. Good thing Glass Door is here so the truth can be told.