Pros
Company currently has a reasonable benefit package, although that is changing. Pay scale is adequate but not strongly competitive. However, because the company is struggling through a prolonged downturn, there should be opportunities if you are still employed "when the market turns around".
Cons
The company made a commitment to "all things residential construction", and are vertically integrated (timberlands, building materials manufacturing, building materials distribution, residential real estate) with few options except residential construction. With the current economic situation, there is not much the rest of the company (not dependent on housing) can do to hold up the weight of businesses that can't make money until residential construction becomes profitable. Just when you think they can't cut anything else . . . they do.
