Pros
Very broad and deep portfolio of IT products, solutions and services. Best kept secret is that the cloud applications (SaaS) portfolio is the richest in the industry. Oracle is also becoming very capable in IaaS and PaaS, in the main matching or exceeding any competitor's cloud services. Oracle hosting centres in place and growing. Oracle holds a lot of potential in the increasingly hybrid cloud world.
Cons
Oracle has a poor reputation with some customers and is the subject of some negative industry sentiment, which can be hard to stomach for employees of Oracle. Customer sentiment is mainly taking aim at *historical* experiences where customer perceives that Oracle has behaved arrogantly in commercial engagements. Oracle is quite rigid in terms of sticking to policies and internal processes, which often stifles employee engagement, trust and ability to engage with customers in a more responsive and agile way. Read your compensation plan carefully, negotiate your pay well coming onboard, salary increases aren't frequent occurences.