Pros
Good pay, decent benefits, some great colleagues to share the pain with.
Cons
Unless you are in Zurich (global HQ), you are considered a second-class employee. Everyone in Zurich thinks they are the best at their job, which simply isn't true. This carries up to the organization, where global hq can tell the regions what to do, and what not to do. As a result, US employees, for example, are mostly order-takers from people who know less about a strategy than they do. Except for the US CEO, upper management is unwilling to challenge anybody that the US has a better vision and strategy of where to take the company. The global CEO has no vision yet micromanages his leadership team to ensure no one else gets to challenge him. He is not customer-focused, just buzzword-focused.