Poor pay, confusing environment, bad leadership
Pros
The offices are widely-heralded as cool places to work, from fish tanks to snacks. As leadership will tell you, they print money every year.
Cons
Leadership talks nonstop about how the organization is printing money, but goes out of their way to avoid paying competitive salaries. The primary method the use to get out of this is by putting pay increases into bonuses instead of real salary increases. The end result is working for a year with hopes of the bonus, which isn't guaranteed. The organization is very large and very segmented. They use only proprietary tools, which get in the way of collaboration and make it impossible to find cross-business owners and remove blockers to projects. Leadership organization-wide is by attrition (meaning most leaders are only in their roles because better candidates have left), which has contributed to a significantly white male leadership team. We frequently hear comments from leaders implying women in leadership positions are only promoted to avoid a perceived diversity issue, and not by merit.