Pros
We still have lots of perks, and it's a very cool environment. I feel almost European with the benefits and vacation time I have. Campus is great, working out or playing sports at lunch is great, and I feel like it's a young professional environment. Pay has gotten better over the last few years too.
Cons
I think the pendulum swung from wild and crazy Aubrey McClendon times, to super bureaucratic and soul sucking under Doug Lawler. There was a sweet spot when the company was getting on the right track. Still had a free spirit vibe, but with lots of necessary changes (pay based on performance for example, not just a uniform increase), but now the company has gotten so bureaucratic and intense. Employee regulations are onerous lately. It's difficult to move into new job openings now. There has to be a formal process.