Pros
Though I know this is not the case for all departments, the team I work with telecommutes nearly 100%. Even in that environment, I would say that I still have a lot of interaction with my peers, managers, and those whom I support. The accomplishments of the team are recognized and celebrated. Orbitz rewards high performance through a yearly bonus program. There is also a program of more "spontaneous" rewards through which it is possible to accrue dollars toward a pretty impressive array of services and retailers. My managers are inspiring and have helped me to grow in my area of focus. They have also been very aware of the work/life balance and regularly check in with me to make sure I'm not working myself to death! Orbitz also values staying healthy, and provides good health care coverage, though this is a shared expense. (Still, I'm very glad to have it!) Whenever someone asks me what I do for a living, it's still amazing to me when I say that I get to work in an industry that I pretty much grew up in, continue to learn new things all the time, use skills that come very naturally to me, work with amazing people, and do all of this from home! For me, that sums up working at Orbitz Worldwide.
Cons
This is not so much about the work environment, but it can be frustrating to work so hard and know of the talent and innovation that is all over this place, but not see it reflected in the stock price. (At least not at this time.)