Pros
For self-starters, this is a place where you can wear lots of hats, contribute in a collaborative environment, share and interact with global teams, and be innovative. Working for a brand with world-class recognition is a source of pride and opens lots of doors to partners and potential clients.
Cons
This company is slow to move and resists fast innovation and execution. They have really creative and smart people, but they can't get the job done fast enough or with the quality and innovation necessary to compete in the smartphone marketplace. Their new leadership, blended with the old leadership, is disconnected with the consumer -- especially in the U.S. Would have been a better move to develop on the Android platform than MS's. They do not take advantage in a productive way of the immense talent they have in their global teams and have released many thousands who knew how to execute. Too bad, because the Nokia brand (especially in Europe) is still strong and people want the company to succeed. Nokia is no longer a great place to work, sadly.