Pros
Hmmm, management is good about accommodating time off when needed and....and, that's it.
Cons
eBay is pure chaos every day. Upper management is constantly changing which means regular re-orgs. We're a horizontal org, then a vertical one, and back and forth. We work in centralized teams, then six months later we're decentralized. Employees don't feel confident that the initiative they're working on today will be around next month or even next week. A large portion of dev and qa are outsourced to India and China which makes for a very long work day and employees don't score extra points for doing con calls at 9PM several nights a week as a result. Management does however, point out every misstep and task that was missed, and generally beats you down until you're questioning your own abilities. The work to employee ratio is unrealistic, yet management doesn't recognize that, they only seem to drive home how employees are under-delivering. Salaries are about 10% less than other companies. Management is extremely stingy in handing out promotions for anyone under a Director level.