I worked at Toyota for about 7 years. It's changing, and mostly not for the better. Toyota was kinda like working in a government job/old boys club. Promotions were few and far between, and mostly based on seniority or politics. It was rare that the right people got the bump up. Plus there is a bias towards people that come from the field offices (which is kinda like the military - you do as you're told, move around a lot, and eventually get promoted). Management is clueless and put in positions where they have no experience, so a lot of departments are faced with having no guidance or direction. This causes confusion and in-fighting.
However, Toyota always had a level of respect for their people that made it a nice place to work. People would stay a long time, so you all had to get along. Benefits were good, and they were starting to get more progressive in terms of dress, etc.
The changes as they are moving to Texas see some of this changing. It's all about money now, and respect for people has gone out the window. New hires getting promoted above seasoned associates as they are cheaper. Associates being lied to about what is going on - there is no transparency, etc.
Bottom line, Toyota is changing, but probably still a little above average place to work, although it has gone down hill. Good products.
Benefits, some departments have work life balance
Lack of transparency, upper management is poor