Pros
What used to be a great company led by Leaders interested in building a "Compelling Place to Work" has been replaced by a team with out clear direction and Leadership styles that compel employee loyalty.
Cons
A long list of take-aways: 401K match; 2009 Merit Increases for Management throughout North America; reduction of Health Benefits, Bonus Opportunity gone; Stock Options that have flipped completely upside down. However, the most serious downside is the atmosphere of fear that pervades that company. Employees at all levels have been required to sign up and shout the Mantra "Delivering Winning Solutions that Inspire Work Life". But the reality is the direction we've been led makes little sense, and it is professionally challenging to deliver discretionary effort in this current environment.