Pros
Good work environment, most of the employees are very nice and eager to help. Divisions share information openly. Did not feel like there was any inter-department competition. For the most part, management encouraged you to develop your career through training. Very relaxing atmosphere, no pressure to meet deadlines or tape out dates. Flexible hours, very few worked more than 40 hours a day.
Cons
A very slow moving company, senior management doesn't like changing with the times. Everyone moves at a snails pace, and In the semiconductor industry that means the company gets only to participate in niche markets with little chance for growth. Many employees are in retirement mode, so they take 2 hour lunches and work about 4 hrs a day max. Not many are willing to go the extra mile to excel. Very limited chance for promotion. Sometimes it feels like working for the government.