Pros
I worked with a great team that was like an extended family. Generally, the atmosphere is very positive- there is a lot of freedom in it, as long as you get your work done. Also, there is a good emphasis on work/life balance, and employees take part in picnics and the like, and these boost morale. Middle management is supportive and looks for ways to help you grow. There are opportunities to take classes in-house for professional improvement. Lexmark also supports causes like Habitat for Humanity, and its employees are encouraged to participate in these causes. There is also a lot of diversity. Generally, people seemed to feel good about what they were doing, and I think this reflects positively on management and the quality of professionals that Lexmark employs.
Cons
Unfortunately, a lot of jobs are being outsourced to other countries, which is what happened to a large percentage of my department. I wonder how this will affect Lexmark down the road. Working at Lexmark, depending on what role you are in, there is cause to have concern for long-term job security.