Pros
Pays very well. Great Benefits Excellent people Tons of budget for gear, travel, etc.. very high job security (Adobe doesn't fire, they tighten budgets) Good, clear job progression
Cons
This differs between departments, but my experience as an acqui-hire is that things have gotten less efficient the more we integrate into the Adobe way of doing things. Systems get moved and all of a sudden it takes 2 weeks and involving multiple teams and stakeholders to get anything done (compared to 2 hours by myself before). That can be fine if things scale accordingly, but with the current tight hiring and budget restrictions it just leads to more work and less satisfaction for us. Coupled with what feels like a lot of teams are just dealing more with their own agenda, or at least supporting flagship products, you can feel like a small cog in the machine, barely able to make a difference. There's also the ever-present shareholder driven need to grow, even a 30x revenue scale in 5 years doesn't cut it. It doesn't affect you much if you're not in sales or senior leadership, but you do start to notice the effects when strategies change, products get cut, etc.. People talk about work-life balance being great, but working across time-zones does mean you might have to take meetings at inopportune hours, it's just very hard to avoid if your role requires it. Also if you're part of an acqui-hire, negotiate your wages more! Many of us were grossly underpaid for years. New hires might get almost double of what they'd offer you.