Pros
There are still a lot of bright and talented engineers and employees, and communication between individual contributors and collaboration is still pretty good. Flexible hours are allowed in most engineering groups. Benefits are OK, salary is OK.
Cons
Xilinx used to be a place that everyone was proud to work. Wim was a charismatic leader, who made a lot of crucial and successful business decisions, and was a true leader that the employees believed in. Moshe came on board, hired some really poor people to support him who really don't seem to understand the core-competence of the Xilinx's products or the importance of keeping the core knowledge of the innovative and creative engineers who were around before them. The bottom line is the new bottom line. Every decision is now made for maximizing short-term profitability at the expense of what appears to be the long-term health of the company. Excellent, talented, and very experienced engineers are constantly being let go from North America and Europe, and their jobs are being replaced in India and Singapore (usually in the name of being cost-efficient). It seems to be working in the short term to boost margins, but the long-term fate is extremely questionable at best.