Pros
There's a quite a bit of opportunities to work in different areas in the company. In San Jose we have unlimited sick days and paid Christmas week shutdown. In many cases there's a lot of options to receive training (through BD university or outside vendors) Good vacation policies - starting with 3 weeks, additional week after 10 years and additional week after 25 years.
Cons
Very expensive medical insurance with only 80% coverage, high deductibles and maximum out of pocket. A lot of politics, Senior management doesn't always follow the recommendation from their employees, which often ends badly. IT is very corporate driven, which doesn't leave many opportunities for other IT people around the world. Comparing to other companies in the Bay Area - salaries are low. A lot of working hours, weekends, etc.