Pros: 100% matching 401K contributions. Use of leading-edge technologies and tools. Flexible working arrangements. Great experience in working with highly skilled and knowledgeable technical professionals. Pride of working for a renowned and respected technological giant. When you mention you work for IBM, people automatically respect you and treat you differently, in a positive sense.

Cons: Too many processes and inefficiencies make it difficult to complete the simplest task. While the working arrangements can be flexible (depending on your manager), there is a lot of pressure to get work done even though there are limited resources available. If a team member retires, resigns (yes, that happens), or is "resource actioned" (i.e., laid off), IBM does not replace that member, and remaining team members are expected to pick up the slack. There is no sense of job security, no matter how well an employee performs, or how well the division or business segment does in terms of generating revenue. There does not seem to be any rhyme or reason to decisions to lay off an employee. I have personally seen IBM lay off highly skilled, knowledgeable, positively-reviewed, and experienced employees on very successful, revenue-generating projects. Too many meetings. By the time I get out of meetings, almost the entire day is gone.

Pros: Free working time and style. Nice people to work together with. Easy to find more experienced engineers to answer questions.

Cons: Lots of meeting and schedule paperwork. Foods are usually bad. More like work along than work as a team.

Pros: Cutting-edge technology. Enormous depth of resources. Lots of really brilliant people.

Cons: No respect for the worker. Before we were bought out, we had free coffee, basic paper supplies (spoons, forks, plates), sodas, and offices with doors. After, we moved into cubicles or doubled up in offices, received no raises except for one or two in the department, no coffee, no paper supplies, and most recently, no working from home.