Pros
Prior to 2010, when Ursula Burns became CEO, the company was a positive place to work. Investment in technology, on creating cool things. There was more trust. Great people to work with, flexibility, decent enough benefits.
Cons
Since 2010, company has been jettisoning its core values; selling off engineering as if they were cattle, throwing away core competencies and offshoring everything possible in order to jump on the "move to services" bandwagon. Short-sighted. Employee morale is at its lowest ever. Shifting as much as possible under the ACS umbrella - stripping employees of their benefits, their vacation, their value. Perception of Ursula is that she doesn't give a crap about any of the people, she is nasty, ruthless, and driven to realize her own view of the world. What is the Board doing? who knows. Are they afraid of her? It would appear. Are they as worthless as the HP board has been? We are starting to believe yes.