Intel

Great work-life balance. The culture isn't too strict. If you can work on a driver team, it's not so bad. The next-gen specs keep those programs pretty straightforward.

Little direction, many confusing managerial 'improvements' always going on that don't really improve much.

For the software side of the house, there are too many upper middle managers providing little to no direction. Software has been the Wild West of Intel for over a decade; they are trying to wrangle it, but it's always a bottom-up driven effort. Most S/VPs won't put their name on something unless it has tangible results associated with it. The company is very focused on innovation and new ideas. But they maintain or sunset these new ideas. They come and go constantly. Multiple teams work against each other, etc. The software management is done very poorly from a 'whole company' view.