Pros
The compensation and bonus structure were decent. The type of technology created by this company was impressive. There was a good amount of opportunity for training when they introduced LinkedIn Learning. They also paid for me to maintain my certifications (until right before the layoff).
Cons
I joined Lumentum after their last layoff. Four months after I joined, they had another round of layoffs. I was hit with the latest round of layoffs. Any time you hear "cost cutting", you should know that it will always result in a WFR (workforce reduction) or RIF (reduction in force). I should have done my homework prior to joining this company. Nevertheless, they don't really have a vision for the future, unless you count acquisitions. Most individual contributors are decent people, but the management and executive team treat their direct reports as burdens. Overall, this is not a healthy workplace.