Avantages
Good work life balance: fitness center, somewhat flexible working hours/conditions, casual dress, benefits, and gradual increasing vacation. Good mission, a lot of bright scientists, academic atmosphere, finally looking to be pioneers in leading technology again, and relatively easy to move to opportunities in other departments.
Inconvénients
Difficult to get hired initially, and unless you get hired at a higher level, are willing to move around a lot to different areas, or are a top top performer then it is very difficult to get in-line promotions, particularly in research and engineering. Lots of layoffs and restructuring over the last 15 years. Some areas have lack of administrative, IT, and/or facilities support making it a little cumbersome for scientists/engineers.