Pros
Good salary, never bored, and many opportunities to learn. If you crave upheaval and fog, it's a fantastic place to work. The laser focus on shareholder value for the past 12 years has removed any distractions that would normally be associated with a future-focused work environment. There is nearly no personal responsibility required, because everything is someone else's job. It's truly a modern management paradise! It's truly easy to not actually do work, because change might happen, or because the responsibility tree is impenetrable and personal responsibility is simply not a priority. It's all about the PowerPoint, until the template changes and then thank goodness because I was starting to get caught up on my TPS reports. The avoidance of leadership is spectacular to behold.
Cons
Not many. Exhortation by management to writes reviews of every little shared service activity (and on Glassdoor) gets a bit tedious. The outsourced IT is confounding at best (no one is actually responsible for anything), and the near-constant reorganizations can be off-putting, but mostly because people are afraid to do anything that might get questioned.