For the first 18 yers, it was wonderful; for the last 5 years it was hellish due to incompetent management.
Pros
Great benefits; high-end salaries; many mid-level employees who want to do the right thing despite the lack of senior management support.
Cons
Until Pfizer figures out who it wants to be (or discovers a new drug), the company will continue to be in chaos. The key word at Pfizer was once "integrity." From my perspective, the new words are: view legacy staff as "old-school" and then hire managers from the outside, provide hugh sign-on bonuses, discover that they are in fact incompetent and only interested in lining their own pockets, and then pay them to leave. When Pfizer managment understood the pharamaceutival industry, as the current administration does not (except for the lame duck CEO), Pfizer was a great company. Once senior management was replaced by people with no long-term vision, it was the beginning of the end. If you accept a job at Pfizer, remember the name of the game is not speaking your mind about anything, ever. Just say yes and collect a big fat paycheck. If you want to understand Pfizer, read the aricle "Inside Pfizer's Palace Coup" published on July 28, 2011.
