Pros
work-life balance, competitive pay & benefits, great facilities, gym, etc. respectful work environment, nice co-workers, very professional atmosphere, great cultural events, good focus on D&I, support of BP MS 150 still continues. *Good severance packages for those being laid off.. take what you can get and run!
Cons
Cost-cutting to the point of foolishness.. e.g. getting rid of the "good" coffee and leaving the bad.. for a whopping savings of $.25 cents a cup??!! Many layoffs currently (2014 & 2015) in the guise of another "reorg" but it's really TONS of offshoring happening to KL, Budapest, BA, Bangalore, etc. Just transferring bad systems & processes to another country.. costs will rise there also and the savings will hence be only short-lived! Not that this matters any to current management.. they will earn their bonus and move on to their next executive role! Reorg's to fix the botched reorg's of the past.. this will continue until the end of time for BP, as management considers that all intelligence lies in the UK so it HEAVILY promotes Brits to Sr. roles (VP's, Directors, etc.). They need to stay busy & build their resume for their next role so every few years it's "reorg's all-around for everyone at the bar"! If you can tolerate that then the benefits can outweigh the pain.. meanwhile I hope you can find time to do you day job and actually enjoy contributing.. trying to make it a meaningful job/career.. otherwise it's just a paycheck.. good luck!