Google

• Smart people to work with (I mean, really smart)
• Projects with big scale (up to billions of users)
• Somewhat good perks

• I have never seen a normal and smart manager; they all have their limits or issues.
• Sometimes you will work really hard, and nobody will care. You will have no return on your professional investment.
• The promotion process is a real joke. The peer review process is not the one that matters.
• Somewhat lower quality people compared to before; the new recruits are, in general, less smart.
• Food is definitively going down big time, but this is still free, so you cannot complain too much, right?
• Perks are going down; there were better perks before.

Go back to the initial spirit of the "Google Way," otherwise the company will go down slowly but steadily. Google is bleeding out talent, and there are very good reasons for that.