Pros
Good vacation and benefits package. Friendly colleagues, people socialize both in and out of work environments. Free coffee/soda in the break room?
Cons
Pays below industrial average. Senior management is disconnected, especially in Switzerland. Corporate reallignment is commonplace, leading to poor morale and insecurities about positions. Many people don't know what they are supposed to be doing and just try to look busy, but those who do have set projects are over worked and under paid. Opportunities for advancement are limited. If you work in a lab, good luck ever progressing far without an advanced degree (M.S. or Ph.D.), in the corporate side it is a little easier, but you have to have someone willing to push for you. Relocation benefits are a joke. Corporate sets unrealistic goals for meeting bonus requirements (ex: having one severe outlyer year statistically, but basing new expectations much further than that one statistical annomaly.) They use this as a way to save face while screwing everyone.