Pros

Friendly culture. Strong brand. Good work-life balance. Nice training opportunities. Solid career advancement opportunities. Good opportunities to work in a number of divisions. Good benefit package overall. Good salary comparable to other companies of similar size. Pension plan.

Cons

Poorly orchestrated layoffs. Bureacracy given the size of the company. Working alongside poor performers. Minimal incentives for strong performance. Poor HR division. Very conservative legal department that slowed everything down or prevents things from moving forward.

Advice to Senior Management

Figure out how to pull off a layoff where the talented performers are intact. Reward your contributors. Eliminate your HR department.