Pros
Emphasis on values-based culture (mutual trust & respect, honesty & integrity, etc.)
FANTASTIC benefits and comp (competitive base salary, great bonus potential, RSUs, PTO)
Relatively flexible schedule/ability to work from home for some corporate functions which helps with work/life balance
Cons
Like any large tech company, Lam is subject to boom and bust cycles. The "busts" can be difficult, especially for the impact on employee morale.