Pros
They hired a few people during the 2015 downturn when other companies weren't
Cons
You are a tool for company profit and they don't even try to hide it -Many people I know have had workplace injuries and were instructed to push through the pain because there job depends on it despite the fact they were so severely hurt they couldn't do normal daily activities like drive a car or lift a glass of water -If you don't have kids, be prepared for everyone to assume you belong to the company 24/7 -They disguise layoffs as performance reviews so that they don't have to announce publicly that they are holding layoffs -Team members and formally assigned mentors will try to stab you in the back if it will help them at all in the ranking process -As a new hire, my assigned mentor actively tried to take away some of my assigned work because he wanted to be able to claim that work on his annual performance review -Darren (CEO) loves the system because it worked for him and defends the system with an anecdote about his first role as a supervisor where he clashed with one of his direct reports and forced her out. A year later, she called him up and told him that leaving ExxonMobil was the best thing she had done in her entire life. Therefore, the current system is great