Pros
As a direct, you have great benefits, vacation, sick, disability, work from home, etc.... The work is not that hard and the pace is relatively easy with little pressure.
Cons
This company has a history of firing large groups of employees and then turning around and hiring in other areas. This is typically based on the ebbs and flows of specific industry/business areas profitability. They do attempt to find "holes" for employees slated to be fired but they are usually positions well underneath ones skill set and experience. The other critical issue with this company is that they do very little to promote and foster career growth. Oh they say that this is a priority and they even have had many formal HR career initiatives but they really go nowhere and they just end up being someones objective on their performance review. Additionally, there's an abundance of ineffectual managers who would rather play politics then to make ETHICAL decisions.