Nokia

Good benefits and a pretty liberal PTO policy (two weeks vacation time plus one week PTO, plus two weeks sick time).

Information from upper management isn't shared with line-level employees, so you're constantly hit with crises or policy changes from out of the blue.

There is so much bureaucracy that it takes a minimum of three weeks to close even the simplest of bugs.

There's also so much internal turmoil: reorgs every six months or fewer, and a constant threat of layoffs.

Be more transparent and keep employees in the loop. Having to wait 5 months to find out if you're going to be laid off, while people on the team quit in droves, and still not having any information from management is incredibly demotivating.