Pros
Analog is a stable and well-established company. They have a broad portfolio of products that diversify them across many end markets and customers. All employees are very capable and the senior designers are some of the best in the industry. There are good opportunities to learn here.
Cons
I think organizations of people come in different size classes and each size requires a different structure and communication style. Analog has grown from small to medium and is approaching large, but the corporate memory and habits are still those of a small organization. Lack of adequate communication is a problem in all directions (top-down, between groups and within one group). Politics and personality conflicts can get in the way of progress. In short: individuals, good; working together as a group, bad.