Was amazing; culture is rapidly degrading and morale is terrible
Pros
Free coffee and food. Great colleagues (though dwindling). Excellent pay (in Australian market). Prestige (dwindling).
Cons
Incompetent senior management make inexplicable decisions. Unpredictable, unexplained layoffs of crucial and tenured colleagues has ruined morale, company-wide. Culture has transitioned from being open and encouraging of new ideas and exploration, to being restrictive, closed and extremely bureaucratic and corporate. Career mobility is very low, at least in high-cost regions. Promotions are difficult to achieve, quotas are low. Further, performance reviews are now largely meaningless owing to the creation of a "pretty much everyone" bucket, containing everyone from average-to-high performers. Comp growth is much lower than inflation for most people. Tech stack is entirely custom and divorced from the outside world. Skills obtained can be transferable, but not directly.