Pros
Most individual contributors work hard to advance the product and technology. Cross department communication goes well. Compensation and benefits are decent. Most "boots on the ground" employees are empathetic and work together toward a common goal...
Cons
...however, the common goal constantly changes by the whims of leadership with no apparent pattern. Upper management seems exceptionally skilled at destroying morale. Everything is turned into a top priority fire drill. Projects in development are given impossible goals, then criticized when they do not reach them. Executives will solicit feedback on business decisions as a honey pot to identify and silence dissenters. As a result, middle management self-selects for people that parrot the current goal. One exec is well known for openly stating contempt for most individual contributors and tasking reports with vanity projects to inflate personal metrics. Another exec regularly reminds reports that they are replaceable with more passionate applicants and should be grateful to have a job. Rank-and-file employee morale is at an all time low, and it's not hard to see why.