Pros
It is a great company name to have on your resume for when you go somewhere else and the cafeterias are nice if you ever have a moment outside of meetings. The pay is relatively high as well. There seems to be a real commitment to environmental responsibility.
Cons
Too many meetings, too much bureaucracy and a lot of politics. One would think that in a company as well established as Genentech that the processes would be relatively well established and streamlined. Instead, it is a bloated bureaucracy with lots of emphasis on political fiefdoms where no one is the decision maker and no consensus can be achieved. Major milestones and timelines are missed due to the inability to decide on a specific direction and teams have to parallel track multiple options at the same time. If you are am employee who simply wants to work hard and do a good job, this is not the place for you. If you like politics and trying to show other people up, you will thrive.