Pros

Well managed at a local level.

Cons

For a company the size of John Deere the benefits are very, very inadequate.
Senior and Regional Management is totally detached from the needs of the local level.
Human resource department has created an environment of paranoia and self-survival in the work place.
Corporate allocations make it impossible for the local locations to suceed.
Upper level management walks away with huge bonuses while the local managers are left without bonuses and raises.

Advice to Senior Management

Try treating your people with some degree of fairness and respect rather than hiding behind the Human Resource curtain. It is a shame that good employees are let go just so others can save face.