Pros

Great people.
Flexible with time.
Low pressure.
Good salary.
Our bottom line has been AMAZINGLY managed in preparation for and during this recession. No major reductions in force, we are growing and hiring.

Cons

Telecom, in general, does not have a high profit margin. Therefore, budgets are always tight regardless of economic times. If you are in telecom, you know this already, though!

Advice to Senior Management

Implement an employee review program. Reward the people that are doing the best work. Don't hire people out of their main area of knowledge.