Pros
New logo! .. And more parking spots due to all of the layoffs. Rumor is more layoffs coming soon .. = more parking spots!
Cons
Terrible management team. Company bloated with VPs and Directors most of whom are in over their heads and probably just biding time until they can find a job somewhere else. Nervous workforce, everyone worried about jobs. If company sells to foreign buyer (GTECH) Reno office is fat target for closure. Anyone good who has options has split. Those stuck in Reno are .. stuck in Reno. Sad to learn Patti Hart makes $8m per year (look it up, public info) while she has destroyed so much shareholder value and reputation and morale. She can't manage the company to profitability and can only get the stock price up inorganically, via raising a white flag and announcing the company is for sale. She and her cronies will get their change of management bonus soon and be out. But it's too late to turn around, the company is years behind where it needs to be and smaller more nimble competitors are eating its lunch -- while the industry itself is going through a painful transformation due to globalization and a shift to a younger target gambler. IGT is not positioned to be strong in either vertical.