When the economy tanked, they went dirty FAST!
Pros
I started before the Recession in 2008. The company culture was awesome, the pay was great, and the work was interesting and challenging. I had great hopes for the future with this company--they seemed to have everything going for them. The layoffs came quickly after the recession hit and the company's stock prices tanked; however, the severance packages were generous, and there were surprisingly few hard feelings, because the company took good care of the employees they were letting go.
Cons
The management became destructive. After a couple of rounds of layoffs, they no longer wanted to pay the generous severance packages, but they still needed to consolidate and trim staff. So. They started writing up employees and terminating them for cause. Good employees, GOOD PEOPLE who had been there for years and had never had a single writeup for performance were now being written up, demoted and ultimately shown to the door. Bear in mind, when you terminate an employee for cause, they can't collect unemployment, and you can't use ProLogis as an employer reference, because they'll tell anyone inquiring that you were terminated for cause. It's devastating to the employee's livelihood and career. ProLogis didn't care, though--they went ahead and did it, and trashed careers for the sake of the bottom line. This wasn't one or two cases that I saw, either; I saw it happen at least seven times in the eastern region and in the corporate headquarters in a six-month period. Some of the employees who were older may not have recovered at all--it was that crushing. And I can't even begin to cover the psychological toll of going through this process after going through two rounds of layoffs and picking up the slack to cover for the employees who were laid off.. So, in economic good times, they're a great company, but if the economy sours, then you should either run or lawyer up.