Pros
Amdocs is a large enough company to be strong and resourceful in the market, but small enough to be nimble and decisive when needed. The company is multi-national and multi-cultural with a presence in over 50 countries. Employees are strongly encouraged to think outside the box and find new ways of doing things. Amdocs has some of the brightest and hardest working people that I've ever been associated with in my 25-year IT career. The company is agressive and dynamic with plenty of challenges and rewards, especially for Type A personalities that thrive in a fast-paced environment. The company has some great leading edge products and one of the best software delivery records in the world. Amdocs prides itself on doing whatever it takes.
Cons
There can be some stigma working at Amdocs. Historically, the company has been seen as overly agressive with both its customers and employees. Amdocs managerment may be perceived as pushy or arrogant by some customers, and employees are sometimes overworked and complain about their work/life balance. The company is very strong on the technical skill side, but has room to grow on the people skills side.