Pros
Working in big Pharma is still a really good place to be in the overall scheme of things. The salary is good and I hope it stays that way. The people that work here from diverse backgrounds and the benefits are excellent. Stock price is cheap right now
Cons
The company constantly goes for the homerun swing in terms of their strategy. Sell the consumers health division of the company was simply wrong and hurts us each and every quarter, as J&J is enhanced. Pfizer seems to acquire solid companies (Warner-Lambert and Pharmacia) and dismantle them by decimating communities and the workplaces that at one time supported it. The morale is very low in all of their plants. There will be very few, if any manufacturing plants left in the US. PGE (Engineering) is run like a mafia and if you are not one of them, you will not advance. There seems to be a disconnect with 'respect for people' in that regard - the NY Soprano bully attitude gets old really fast. Pfizer thinks they can outsource everything, from manufacturing to R&D. IThe company apporaches problems as if there is an 'Easy Button' to hit - things aren't black and white.