Pros
Stable industry. Many jobs opportunities in the US, but a tiny trickle outside of US.
Cons
How management behaves varies a lot. Most mid management are expats who are parachuted in their positions without knowing the local culture or how the team and market operates. Higher management are fully expats. No progression what so ever for locals and glass ceiling is THICK. If you are in the Joint ventures or subsidiaries, it's even worse. Turn over is high and morale is low. Many organization changes now and management is not transparent to employees on the impact that will be coming or maybe they don't have a clue on exactly what is happening especially in the middle management and down. Supposedly to be growing outside of US but never see an increase of roles or opportunities. There are retrenchments going on in the US and possibly other places to cut cost and boost profit. Pay is below market norm.