Pros
You can stay for 1-2 years for the name on your resume, if you think you'll need it. It's good when you're fresh in the field, but if you're not, choose a job that gives you better learning experience (see my Cons). If you're looking for a stable place without too much changes, this could be it too. Medical benefits and holidays are also good.
Kontras
It's a cog job that I was working in. They don't listen to the front line staff like us in terms of feedback on improving our work (they'd make a lot of corporate gestures but they're all just show). Middle managements are just passing on commands and decisions that don't usually make sense to us. It's a problem with most large and global companies. They merit those who blindly follows, which suit some people. But if you tend to have an entrepreneurial mindset then you'd be more fulfilled and productive elsewhere. It also underpays so much, not just in my department. I had to check with my work agent for how much more I had to ask for now that I'm out.