Vantaggi
Good work-life balance, some good people. Amazing vacation time. If you work in a priority area, you will receive strong investment for projects. Decent severance for when you get laid off. Constant reorganization is taking place, so new positions are created frequently (although old ones are eliminated). Product is stable and not part of the more hated portion of Wall St. Good company to have on the resume.
Svantaggi
Mass layoffs every two years or so (seriously, ask around). Performance management system requires a minimum number of low performers in the annual review process, so if your team is high-performing, someone still gets a low rating. I was told that I was "the one" despite strong results. This reduced my bonus and later prevented me from transferring to a new department, which was very disappointing. The culture is extremely risk averse, so there is often a groupthink mentality due to leadership who embrace the status quo. Not a place for innovation.