Pros
Great culture of innovation. Company has been a technology leader for decades. Overall compensation and benefits package is good but compensation has fallen significantly behind the market on more than one occasion in the past few years (both in the US, East and West coast sites and EU - Limerick) and reactive measures were needed to remedy this. Of all the competitors in this business - National Semi, Linear Technology, Maxim, Intersil, Fairchild and TI - ADI is easily the BEST company to work for.
Cons
The business strategy has failed to grow the business beyond $2.5B in the past 5 years and this stagnation has put pressure on margins which in turn has forced a working climate of doing more with less. In addition the stock options grants have not netted any value to employees in that timeframe. In addition option grants have become very targeted and the great broad based grants are history.