Pros
The benefits. This is important, of course, but also should be de rigueur for Time Warner. Unfortunately it's a harsh tradeoff if the culture lacks otherwise....though I guess you have good medical for that ulcer, or good "wellness support" when you need a therapist.
Cons
Closing of research department based on external consultant study, with no communication to researchers, conversation on research vision or how future research roles could evolve. No internal address of elephant in room of future of journalism. Undervalued conception of research as disposable process in news environment. Strange/strained/antagonistic relations between dependent departments and units. Virtually no career development (window dressing of yes, but no actual movement occurs), no mentoring, no reflection on professional standards (for this role) outside the CNN bubble. Frequent turnover, some are able to re-fit, but how and why is completely unspoken. Opaque HR processes. General hypocrisy of "we're there for you, you have these great benefits, come out to a softball game" but you're basically just a number. When making waves to get things done, unless you have big guns behind you, the process of change is more stressful and in this way is tacitly discouraged. Departments not interested in cultivating quality, but getting something done as quickly as possible, mistakes and all. Granted, it's a news environment, but still....Bad ratings, disgruntled employees, and general confusion about future of journalism, and "TV Everywhere" lead to scattered, rather than inspiring and constructive internal culture.