The Cons:-
1. Dynamic Enviornment - There are things happening all the time like new people joining, old people leaving, people travelling, people relocating, people being moved to different team, people being brought from different team, trainings, knowledge transfers, changing project plans, moving managements people, social events, town halls, lot of meetings, escalations etc etc.
2. Very less social interactions - This is most likely bcoz of dynamic env i mentioned above. There isn't time for social interactions - even if you have it it gets into work related stuff. This is more true of people with 5+ years of experience who wants to spend strictly 9 hours in office.
3. Challenging Work - Amdocs CES product is made of different sub-products some of them are build outside amdocs (by takingover other companies). New development is limited as product is build already - it just needs to be customized based on client need - THIS ISN'T EASY!
4. Bell curve - Below Expectation, Meets Expectation, Exceed Expectation. And people are forced into these 3 categories. Its decided mainly on basis of two factors - "how important are you for the project" and "what are the chances of you leaving company in coming few months". If you can learn things by your own and can become key resource to project (by keepting things to yourself) you qualify into "Exceed Expectation"
5. Retention plan - They have very flexible retention plan. People who are heading towords resignation and are need to be retained can be offered good choices like arount 40% hike, bonuses, quick onsites, future reloaction etc. Experienced people in Amdocs make good use of this.
6. Relocation - It depends on project circumstances. e.g. if there is crucial work in project and they need to pick one for relocation, it would be the one whose absence will not affect project delivery. Currently management is trying to correct this.
7. Appraisals - You growth is decided by 1:1 converstaion you have with your managers. This could be unfair specially if you dont have good repo with your manager. Also sometimes the feedback from Israel managers (home of Amdocs) takes priority over local managers. Also read again the bell cure and relocation points i mentioned above which also impacts your appraisal.