Pros: telecommuting, work/life balance
Cons: everything else
I came into Alcatel-Lucent when the company was struggling financially. Once we gained a new CEO, confidence in the company surged and I believed everything would be better.
Long story short, because of ALU's soaring costs, the company has suspended raises (even with promotions), given bonuses very sparingly, and reduced benefits (including 401k compensation). – more... This results in overworked and underpaid employees, which dampens company morale and makes the workplace strained.
I do believe the company's cost-cutting measures will result in the ultimate turnaround and ALU will be a successful company: however, that will take a couple of years. The company needs to (and eventually will) learn how to treat its employees better as many left the confusing re-organization structure for better opportunities (myself included).
The company supports telecommuting and working at home which is very helpful for those who would have a long commute or need a flexible schedule for family arrangements. – less