Pros
Some managers are phenomenal and uphold very high standards while creating a very enjoyable work experience Family-like atmosphere with mutually supportive colleagues Compensation is reasonable Work-life balance is excellent Good severance package
Cons
Astonishingly bad talent management, often putting people into roles that they are not qualified for such as placing non technical people in technical roles Unpredictable performance levels that often have little to do with actual performance The misuse of talent tied to the bizarre performance ranking system combine to force top talent into situations where they cannot succeed and are penalized financially and in their career progression Once someone is caught in this position and get a negative review, they are not able to rotate out until they do succeed, which traps employees in a rigid no-win situation when a new assignment would resolve the issue All of the above combine into a method of putting employees onto a PIP and then laying them off without saying that it is a layoff, adding in legalese that puts the onus on the employee for choosing not to take reasonable steps to improve using the PIP The PIP is treated as an acknowledgement of poor performance and a choice not to improve rather than what it is, an opportunity to get severance and escape a bad situation