Pros
P&G pays very well and you will learn a great deal while on the job. The hours will be long and stressful but the experiences will look good on any resume. In addition, the skills you learn at the entry level and lower manager level will be translatable to any job. This is a good place to learn for a couple years, pay off some loans and the decide what to do.
Cons
The management at this company lacks leadership. Decision making is consensus based which translates to a lot of passive-aggressive behavior. People are scared to state their opinion because that may not be the party line at the time. Open discussion does not occur. People withold information to gain power. They don't collaborate unless you have something that can help them. This is not a team environment with us against the competition. Risk taking is not encouraged even if potential gains are huge. Failure is not accepted so people don't take risks. Performance feedback is limited even if you meet all your goals with flying colors. This place is all about fitting in. Creepy, big brother is watching culture. If you have any independent thought think twice.