Pros
They offer a pension and some great benefits. It has a name which used to carry weight. Now, I get an average of 5 calls a month from recruiters hiring for the position I held. I have to tell them I cannot, in good conscience, recommend anyone for the job or the company.
Cons
I was One employee with Four (4) Managers of varying levels. None of them knew how to communicate with each other and communication was our job! We were the Instructional Designers for the company. The VP in charge actually told us that she "...hated Instructional Design". I was threatened on many occasions for *not* putting in enough overtime. A Project Manager assigned to a very large project routinely had melt downs and would fire off the most unprofessional emails I have ever seen. The manager directly under the VP hid incompetence behind a flourish of words and policy (he was referred to as "The Black Hole" by his employees). In short, the entire experience was surreal! One employee in one department that BADLY needed to be scrapped and rebuilt - run by people who would actually care.