Pros
Has a good reputation externally Excellent place for Swiss people Good for people that need micro managing, rigid structures and processes in place to perform well. Good for people that have a bland personality, do not believe in original thought and thus are happy to turn into robots and allow only super senior input to count.
Cons
New entrants are rarely pitched at the right level for their skills and experience. Many of the mid-level management lack the skills and experience to manage a diverse range of non-Swiss people. No work life balance for the new recruits, having a social life breeds resentment. There is a culture of how long one can sit at their desk as no one wants to be the first person to leave the office. There is a clear division between people that have been at the company for a long time and newer recruits, new recruits are not easily assimilated. The new recruits are seen as a threat and quickly sidelined especially if they join the company with more skills and experience which is very likely.