Pros: Flexible work and varying projects

Cons: Deadlines and workload for various projects

Pros: Has a large variety of projects and many different subcultures within the company.

Cons: Their internal tech is outdated, though they're slowly catching back up.

Pros: Smart, dedicated co-workers; some vestiges of the old collegiality at the working level.

Cons: IBM's business model is totally out of date. They are now being marginalized by new players like Google, Amazon, etc., and old competitors like HP-Compaq. As sales are falling drastically, they can't fire people fast enough. The executives are running the place like a third-world banana republic: Massive bonuses for themselves, the working stiffs in the US are all being fired for low-cost third-world labor offshore. The only engineering innovation that matters any more is financial engineering of the Earnings per share. However, EPS targets can only be achieved by layoffs and share buybacks, due to falling sales, and Wall Street isn't fooled. Businesses and employees are being jettisoned at a rapid pace; a much smaller and weaker company will be the result.