Pros
Above average salary and benefits. Nice working environment. Smart colleagues. Conservative and traditional ways of working for older employees -- with pockets of innovation and new ways of doing things for younger employees (for example, employees are encouraged to work from home a few days per week if possible, and use somewhat outdated collaboration and social media tools). Once you have your foot in the door, you have lots of opportunities.
Cons
Slow to change, yet in a state of constant change. Too many decision-makers. Mediocre employee engagement due to layoffs and job relocation outside of Switzerland. Complex structure -- although it is getting simpler and silos are slowly falling away. Mediocre managers spend more time on their own work rather than managing, coaching, and troubleshooting for their teams. Risk averse -- better to water down your ideas and compromise for mediocre success, rather than take a chance on something big and fail.