Pros
Great pay package offered at joining. 401k match is good. Decent brand value.
Cons
Lots of so-called "Leads". To get promoted show how to get work done from others and in the process avoiding work altogether (which basically interprets to show yourself as lead without leading by example). Hence focus shifts from developing quality product to developing quality impression on Manager and becoming a YES man to manager. In return Manager hides incompetence of these "Leads". Managers and Leads team up to exploit and burden the little number of remaining engineers who do not conform to this culture. This becomes a major issue when an engineer wants to get work done but is stuck in getting rid of bureaucracy. Leads steal credits of fellow engineers and butter up Manager to maintain influence. Incompetency in developing Managers/Directors. Easy to become manager by just by buttering someone in upper management without the skills. A lot of favoritism in mid-level management. No innovation and mostly dependent on external vendors to develop product. Most of the teams are integration teams. Low morale due to frequent layoffs and little to no motivation to work. It is a job that just pays your bills with very little to no pay increases.