Pros
I enjoy working with some of my co-workers who are very good. There are pockets of excellence throughout the company. Some of the technologists are very good technologists.
Cons
Senior management doesn't seem to understand the foundry business. Senior management is too "dynamic" with frequent changes in staff and direction. Every idea is a "strategy" regardless of its merit. Every group and many individuals are focused on avoiding blame rather than customer success and success of the whole company. There is a strong culture of denial. The most successful people are those who bully others regardless of the merit of their position. There are too many processes and too many wild ideas and not enough execution and success. The "GLOBAL" part of the name means you have to be up at all hours communicating with other parts of the company. Senior management seems to think this is a badge of honor. Perhaps it would be different if everyone had a huge up side, but without this hope it is just demoralizing.