Pros
The AP's has a still-impressive group of amazing journalists who defy odds each day to break stories. If you like your job as a journalist at AP, then it's because the work can be very interesting. You get to meet an amazing range of people in the course of your work - state, national and world leaders, business professionals, activists, artists and freaks. That is, however, if you can manage to get one of the dwindling number of reporting jobs.
Cons
Sadly, the AP has struggled financially for about 10 years and the unfortunate result is that it has basically gutted many of its news bureaus, especially overseas. So it's not only hard to get a job there, once you are in a job, it is hard to advance or even transfer to another location. This is especially true in its overseas operations, which at one time were its flagship. The journalism business has long receded from its heyday of "your ticket around the world" but at this point AP employees are lucky to get a ticket home, let alone benefits like 401(k) or paying for children's education overseas.
