Pros
* Career opportunities * Decent benefits (although they get cut every year) * Huge company with far flung operations offers just about any type of job under the sun * Given the scale of the operations, there are many opportunities for lateral moves
Cons
P&G is trying to become a "normal" company. In doing so, they stage regular layoffs, refuse to raise salaries, reduce benefits, hire more experienced people from the outside. This quickly erodes the goodwill and the loyalty of the long-time P&G'ers that traditionally had been the bedrock of the company's success. Today's P&G is a shadow of it's former self. Unclear guidance from management doesn't help. Employee feedback is hardly ever taken serious. In some sections (F&A, logistics, IT) P&G has pretty much become a career-prevention company.
