Pros
Most of the people in IT that you work with are passionate about what they do. Compensation and benefits are above average. The overall company genuinely believes in its products and the people they benefit.
Cons
Ever since the company split with AbbVie, it seems that IT has been viewed as nothing but a a burden and a cost by executive leadership. Senior IT leadership seems to have been tasked with significantly reducing IT's cost profile apparently without being given the latitude to make strategic investments that will eventually reduce costs. As a result, it seems that they have been forced to reduce headcount by outsourcing which has appeared to lower business satisfaction with IT. That, in conjunction with poor change management and communications, significant leadership changes, and lack of a clear strategic direction, has resulted in extremely low morale among those of us who are left. It seems that people who can leave either have left or are trying to leave. Those who have outdated/obsolete skills, have been there so long that it wouldn't make financial sense to leave, or have no desire to re-enter the job market come to work each day with the fear that their job will be next to be eliminated.