Pros
Excellent earned time-off benefits. Job and industry stability with no accountability for poor job performance whatsoever.
Cons
Volvo is a massively bloated bureaucracy. The added complexity and friction are well-intentioned, but only serve to keep as many people employed as possible in order for middle management to increase their sense of importance and status within the company. There are far too many people whose job serves no productive purpose at all whatsoever. They call meetings, introduce unproductive trivial processes and add unnecessary paperwork that preserve the perverse incentives that feed the monumental bureaucracy. The onslaught of red tape overload steals time, leaves the few people who are actually trying to be productive emotionally exhausted and undermines the organization's ability to perform actual work.