IBM

Mostly nice people. Super flex work locations (as long as you're not in a "co-lo" unit).

Interesting bits of tech are being worked on sporadically here and there. Easy to lay low and float under the radar for a long time, if that's your game.

The burden of process.

Bennies have been cut to the bone, so your health insurance is probably much more expensive than you are expecting. In most offices, they even charge you for coffee.

A hierarchy that is based more on longevity of employment rather than actual abilities. Sales is firmly in charge of everything, with a tech serf class whose jobs are continually in danger of moving to Brazil or India. Lots and lots of dead weight that adds complexity to processes merely to justify their own existence.

You cut layoff packages to a single month, regardless of years of service. I just saw a person who had loyally worked for IBM for 35 years get shown the door because her job was inexplicably moved to Missouri – and she was given a single month's severance.

For those of us not being laid off, it sends a clear message that loyalty to IBM doesn't pay off in the long run. You need to seriously consider if that is the kind of relationship you want to incubate with your employees.