Vantaggi
Great campus with lots of amenities like good cafeterias, a nice gym ($20/mo), and nice landscaping. VMware does do a decent amount of stuff on-campus for employees such as a annual farmers market and a annual fall concert for families. The work is stimulating to an extent depending on which team you're a part of. I worked for two of the UI teams at VMware, and both of them started out great, but due to either poor team management or just lack of project planning things always seemed to fall apart.
Svantaggi
Teams at VMware do not do a good job of project management from the development perspective. As a developer we initially made up the project plan ourselves until it was obvious enough to leadership that the PM should really be doing all of the planning that we as engineers were required to do. Additionally, engineers may be encouraged to be "full-stack" but there really aren't good opportunities at VMware. Managers have said to my UI peers that there is no way they would get to touch the back-end even though the UI eng was a talented full-stack eng. The result of these things in both of the teams that I worked for is that the team was unhappy and overworked, features did not get completed in proper sequence with regard to API/backend work and UI/frontend work and either through mass attrition or lay-offs the teams lost too much talent to be successful.