Good Company Good Assets, Great People - Just too much restructuring driven from the top
Pros
Department I worked for was a tight knit team with good personalities led by a strong leader who had real pull in the company; miss the team more than the broader company.
Cons
Constant strategic changes (complete department closures/moves out of Toronto with respect to new decentralized model) caused numerous corporate restructuring episodes (actually felt like a constant state of restructuring). They preach "partnership" but will drop departments and jobs at the drop of a hat - creates an environment of poor morale and only exacerbates a constant sense of survival within the company. You hope you're in a department that is in good favour with executive level management - otherwise you will find yourself in a situation where you need to sell not just yourself but your broader role and department's role in the company. If you don't establish that value proposition you mind as well start counting the days until end. Also the attitudes within the company seem to be shifting toward a more militaristic culture both in how they approach problems and how they want to drive innovation. They are spending excessive money to make data driven decisions but could be finding large savings by fixing problems that one would think are obvious and require taking a step back and tackling them with some common sense.