Pros
The people are definitely number one. I work with a talented, dedicated team that's committed to helping the company bounce back. There are good opportunities to transfer into many different types of jobs if you perform well. Strong performers for the most part are given the opportunity to advance and prosper. Benefits as a whole are above average.
Cons
Communication from upper management is absolutely awful. Everything with regards to the current state of the business is sugar-coated and there's a general feeling that the only way to learn the truth is through the news or blogs. The company talks about work/life balance but it does nothing to actually ensure that employees are maintaining balance. In fact, there is more pressure now than ever on employees to put in more time with increased stress and less resources. Different teams seem to be out for themselves instead of wanting to work together to make the company better.