Pros
Before Avago: LSI was a respected place to work with a good work/life balance. Management respected engineering input and lengthened schedules if warranted. IC design today has become a 24/7 endeavor, which the management recognized by allowing engineers to work from home several days a week. Being professionals, this worked to both the employee and corporate advantage, in the connected world of today. After Avago: I may still have a job, IF: I'm paid below the median, youthful, and don't ruffle any feathers...... Oops, strike three ......
Cons
Before Avago: LSI was a primarily a product focused company with little emphasis on innovation and research, unlike part of its AT&T Bell Labs heritage. Periodic layoffs and hiring to match headcount to budgets with little regard to maintaining world-class talent. After Avago: Being unable to escape.