Pros
Has a good brand name. Works at having a polished external image with the community.
Cons
Big bonuses for management which keep increasing every year while bonuses, salary, and benefits for employees keep decreasing every year. Same applies for severance packages. Regardless of how hard you work or how much you do, performance development feedback is negative with no career development in place. Managers are free to exercise their power on employees with no repercussions. It's a political organization. It is not about results but who you know. They run a Credo survey every year only for legal reasons to appear they are proactive, but employees don't believe in the Credo anymore. Workload keeps increasing every year and so do layoffs. Employee morale is low. J&J Management supported by Human Resources and Legal can beat down hard on employees. J&J is skilled at external communications and PR to set up staff as trouble makers. One wonders where the big ship is going when talent is treated in this fashion. They are outsourcing globally in a big way.