Pros
There are good people working there even if they are getting stifled. They pay severance.
Cons
In my design career I've had to explain and justify what product design does to CEOs, CPOs, engineering leaders, sales execs... this was the first time I've ever found myself having to explain what design does to a design leader. Everything is about outputs. Nothing is about delivering the right outcomes for customers. The execs sneeze, the product roadmap gets scrambled. The corporate politics are some of the worst I've ever encountered. And it's way worse if you're a woman. Do not plan for a long career here. If you can get to 10 years out of two stints, you're lucky. The layoffs are constant, random, and self-destructive to the company's forward momentum. On the plus size, they pay a fairly generous severance for the tech industry. The C-suite is very disconnected from the reality on the ground. They are constantly caught off-guard when their statements and initiatives create panic with the rank-and-file. They don't offer a cohesive company vision, so everyone is confused.