Pros: This is a stable environment in a great location. The work-life balance is excellent. They have an old but established product. Lots of bright people around.

Cons: The company is full of slogans about their values, which are largely absent in practice. The review process is political and highly unfair. People stick around for decades and do next to nothing. They are promoted based on who they know. The biggest problem is that this environment is detached from the real world of software development. The skill set you pick up may not be what others need. In short, you have to drink the Kool-Aid and sing the company song; otherwise, you are in trouble.

Pros: Stakeholder bonus, great work-life balance.

Cons: Forget promotions. Lacking career growth.

Pros: There are many challenges and opportunities to learn and prosper.

Cons: No cons to mention so far.