Pros
Good strong corp of steady employees..., the ones who are left. Employees sincerely have the company's well being at heart. Leadership is doing the best that it can given it's challenges.
Cons
Good employees are being subjected and eliminated by a GE type employee assessment model. This new process is now the vehicle that is being used to reduce headcount and is its only value. It is a poor means to fairly evaluate employees' performance. It creates an environment of employees doing only what is required to have a good PA and Peer Review. It completely eliminates employee's desire to help one another. The environment is now adversarial vs. entrepreneurial. Additionally, an atmosphere of “Bullying Bosses” is allowed. This is true if the manager appears to be delivering results. Managers, having a history of bullying employees, have had records of this behavior minimalized or expunged altogether from their HR records.