Pros
Solid benefits overall (good 401k match, 4 weeks PTO, half day fridays, decent amount of paid holidays). Mostly fun bunch of people to work with. Toys are pretty cool to work with I guess.
Cons
Fundamentally broken culture that permeates throughout the entire organization. Many teams are demoralized and it shows in the attrition/turnover that has occurred in recent months. A lot of good people have realized they don't need to suffer from chronic mismanagement and have bounced, accelerating a brain drain that is happening across multiple teams. 1. Promotions are hard to get and are usually based on favoritism. Results in managers that can be incompetent/dysfunctional/toxic (or a combination of all 3). 2. Despite parading around their efforts towards D&I, executives are mostly older white people. If it's not really a priority like hitting the street's targets, then quit pandering empty platitudes. It only makes the executives look even more out of touch. 3. If you work on the brand side, marketing dictates everything. Marketing leadership can be very stubborn and when they do change direction, the resulting whipsaw effect is extremely frustrating for junior/mid level employees who put in so much effort that is generally disregarded by senior management. Even more puzzling is how often marketers swap brands which results in strategic disconnects during the transitions. 4. HR is of little help when it comes to resolving workplace problems. Seniority/tenure dictates how HR intervenes and has resulted in high turnover for teams with toxic/dysfunctional managers. 5. Systems are shockingly outdated for a global toy company/S&P 500 component company. Lots of manual work/processes across several teams. 6. Lack of accountability for certain functional silos that cause issues/tensions on a cross-functional basis. Problematic behavior that causes bottlenecks across cross functional processes cannot be resolved and is allowed to continue with no consequence. 7. Senior management (for certain teams) can be extremely self serving and continue to impede improvements to processes for the sake of upholding the status quo. 8. A profound lack of recognition of hard work by good employees from senior management. Combined with the broken promotion system (highlighted in the first point), many great people become bitter, disillusioned, and eventually burn out.