Pros
Some of the major brands are still respected and employees are often greeted as celebrities in some markets. Once a collection of some of the brightest minds in audio and a few are still around. Weather in SoCal is good and there's a Jack-in-the-Box within walking distance.
Cons
Contentious work environment. Rare to nonexistent promtion of current employees no matter their contribution despite "focus on acquiring and building talent". Feedback from management rarely matches reality. Incentives are perverse and based on creating unbearable tension between disciplines. Cost cutting has eliminated almost all expertise. Senior management doesn't know the industry, the products or the markets and can't appreciate technical expertise. Empire building and ass covering are the norm. Executive compensation levels make monetary incentives for innovation and contribution from non-executives seem like a pittance.