Pros
In general, the work life balance is decent and the work is interesting.
Cons
Upper management doesn't have a clear strategy for eBay, so all the VPs and below are running around trying to come up with recommendations. Getting projects prioritized is very difficult when you need other teams to buy in to your project. There are many intelligent people and leaders at eBay, but unfortunately there isn't a great sense of direction. I find that we're constantly working very hard to get some sort of project out, only to run into technical issues or another group which questions what we're trying to accomplish. We also have some technical issues which are preventing the approval of some of the projects. We have been iterating on our search algorithm and page designs for too many years now, without much progress.