Pros
Owners genuinely care about good, ethical local news. Most of the staff is very friendly and welcoming. Somewhat flexible about hours and a work-from-home/office split. Independence in finding and writing stories.
Cons
Frequent turnover amongst employees. The founders are still involved which sometimes led to competing instructions/expectations from them and the current publisher. Reporters are expected to not only work on their stories but also contribute to new products like podcasts, magazines, social media, investigations--expectations were always changing. If you want to experience seeing all sides of publishing and working in different media this could be a good place for you, but not if you just want to focus on writing high-quality stories. Pay is low for the number and abnormality of hours worked, but that is typical for all journalism.