Pros: good equiment - work stations, laptop, grid-based compute servers. creature features like donuts, coffee/capuccino/cocoa machines, sodas, break area
Cons: high schedule pressure. emails all times of day, night, weekends, holidays imply work life balance is ... well ... work.
Fantastic and intelligent coworkers. Good CAD tools and ample licenses (the usual glitches at crunch times). Good benefits and bonus. Meager salary adjustments, if any. Career advancement unlikely unless you migrated from HP with "the gang."
Management fully consumed with head count and cost. No long term vision. Human Relations practically non-existent. Most projects are godfathered with impossible-to-meet schedules that management simply says "yes" to.