Pros
Benefit package is better than mediocre but less than great. Product seems to have a good reputation... wonder how long that will last. If you are in top management you don't have to worry about listening to the employees.
Cons
A very top down managed company and getting worse every year. Management is royalty... perhaps related to the parent company "Royal Dutch Philips" Cheap, cheap, cheap: The Dutch ownership squeezes the employee nickel till the buffalo on it shits. Philips is a vehicle for exporting US dollars to The Netherlands. No position of any importance is maintained in the US if it can be moved to The Netherlands. If you ain't Dutch... you ain't much. Seriously question how long market share will survive when customers call for anything at all and get a voice from India. Logistics outsourced to UPS... when was the last time you were delighted with UPS service? Risk aversion is the only game played.