Pros
I spent 14 years there. Had lots of room for promotions and growth until the Reuters purchase. Management was good at the time and understood the business and drove for success and everyone participated. Up until 2010, I was being promoted through the ranks as was some of my colleagues.
Cons
Everything is the 'blame game". Management would not take responsibility for failures for fear of being let go. Lots of layoffs across functions all the time. Outsourcing and reduction in benefits continued to take it's toll on morale. It was once enjoyable to go to work everyday, then it became a chore as vision, direction and leadership waned. Resource prioritization is an issue. Too many 'pet' projects by management that do not add value for the customer. Smaller business units are left to survive on older technology and competitors are realizing this. Best advice given to me by my boss "Get to know HR and Finance very well" - they made the decision on your career promotion/demotion or layoffs not your boss. Many times I heard your management had no idea of the changes and/or layoffs coming until it was too late.