Pros

It still has a huge number of talented people and itz a flexible work place. Casual dress code, support for open source technologies, competitive salaries all make it still a good place to work.

Cons

senior management is not engaged, feel have no sense of direction, never learn from past mistakes, always late in market place, makes acquisitions that make no sense to even lay person.

Advice to Senior Management

Spin off AOL or sell it off. twx is choking it in iMO by entertaining talks but making no decision. Too many managers in the org tree, stop taking knee jerk decisions by choosing one strategy and laying it off after 6 months wasting money, time , everything. just makes people annoyed and distant.