Pros
At this point the benefits package is the only reason to work for IKEA. There are a lot of great Coworker Resource Groups that provide a lot of support but the company does not back it up.
Cons
IKEA, at least at the unit I worked at, has completely lost sight of the company values. They've become just another company presenting a mask of inclusion and "family" culture that only cares about money and KPIs. Hard work is not rewarded, and employees going through burnout in response to the company's treatment of them are punished rather than supported. Despite regular promises to promote from within, internal candidates become disillusioned after trying to progress in their development for years with no follow through from the company. IKEA feels no sense of obligation to their workers and makes no effort to keep their word, and management does not follow company procedures which sabotages coworkers who are just trying to protect their job.