Legacy company, diverse and broad functions, centralized power, flexible career options, low salary, fun.
Pros
Friendly environment with lots of banter and room for personal friendships. Fun company events at business unit and group level, although this might differ per country-office. Travel opportunities for those in central functions. Motivating and inspirational middle level management but your experience may vary. Decent company benefits, can't complain
Cons
Career opportunities are few, salaries for the young are under scrutiny whilst a large group of rusty senior employees lack skills, motivation and desire to move things forward. Ingrained fear of change, except for a select few in middle and upper management. Large employee turnover, youngsters don't tend to stay very long. Yet the 'golden age' employees stick around long enough for their pension to roll in. This frustrates attempts at innovation, revamping function/roles within the organization, and keeps salaries low for new entries. Legacy IT infrastructure with incompetent management and lackluster unqualified engineers. Department needs to be rebuilt from the ground up.