Got progressively worse/toxic and the trend continues
Pros
Good benefits, respected product/brand, scarce pockets of very collaborative, friendly engineers (at IC level).
Cons
Ongoing layoffs, future is very uncertain. A lot of toxic and incompetent, overcompensated managers hired during the past 3-4 years in engineering, at all levels, starting from the CTO, failing to produce the results blaming the employees. Company primarily now hires engineers in India, hoping to get the same quality talent, but at a much lower $. The latest CEO is mainly good at marketing and cost cutting, but not much else. Lack of solid product growth vision, i.e. product management does not seem to be that competent or knows what it needs to do. The only way company is able to show any profit is via cost cuts and layoffs. Company is in the process of being sold by the board to a few PE firms. Board had no clue how to run a software technology company and basically has messed it up. Very not future proof. Sad.