Pros
Slow moving, optimized to be a cost leader. If you understand what the business really is, then it could be embraced and taken full on into a very nice company.
Cons
Upper management is no more than a good 'old boys club. There is a big disparity between them and the rest of the company which they generally treat a replaceable. Very little to no management training leads to very submissive lower-level managers that don't question ethical issues or even speak up about them. They have very little concisience when it comes to their employees and will use them for what they need and then move one. An example of that is how they treated the heroic efforts of Thai employees after the flooding only to move everything to Vietnam since it could be cheaper. The biggest challenge is they have some sort of delusional dreams of playing like a real innovative technology firm. Which they are not, because they are not set up or funded that way. That is not their business model. They are a low-cost manufacturing company that is "cash cowing existing IP" and only minimally funding new IP development while stretching everyone they can by eliminating jobs and giving them to less individuals (role players) until they break down. They act like there will be future opportunities but it really is limited and most good talent figure that out soon enough and move one. The company is stagnant with management and leadership growth (good 'ol boys especially are happy and take care of each other) and wants to maintain other employees as limited role players as long as they can convince them to stay whether by fear or obscurity. Many employees are too afraid to speak up for fear of retribution. Company surveys are not sincerely listened to when it comes to real issues, especially with management decisions and actions.