Pros: Working with leading-industry technology - although some may consider that an illusion. Original company founders are superb presenters. Job security.

Cons: Difficulty adopting industry-standard practices. Lots of legacy, outdated engineering practices. Engineers get boxed into their area of expertise, making it difficult to grow out. It is very easy to let your professional career stagnate after a few years. The company does not lay off under-performers, which may be good for job security but may have slackers lying around. Leaders are obsessed with cutting costs. This results in unpopular company benefits and difficulties in what many would consider fairly straightforward hardware procurement at other companies: not being able to upgrade storage to SSD, only one medium-sized monitor provided to each engineer, having to work with systems that are 5 years old or older, not enough lab equipment (i.e., oscilloscopes, temperature regulators), etc. Some decisions seem to cost the company more money and headaches when certain equipment has to be passed around (because there aren't enough) and gets lost in the process. The leader has never been big on work-life balance and abuses the "work hard, play hard" spirit. I have heard several jokes here about engineers being lured with a carrot to be beaten up with a stick.

Pros: Leader in Graphics business. Provides the environment and resources of a large company with a start-up attitude. I like the can-do attitude of most employees and management. Senior management is very competent and generally makes good decisions. Company regroups and aligns very fast to new directions. Most employees are very competent and hard-working. Provides personal flexibility when you need it. Excellent benefits, which keeps improving every year.

Cons: At times, it can be fast-paced with long working hours. A global organization, so late-night or early-morning meetings can be common. This is less for engineers and more for first and middle-level management.

Pros: Got to work on core product and challenging problems every day. Part of an amazing team that is very technical.

Cons: I don't have any cons to mention.