Pros
Work Life Balance is good, my immediate manager gives me room to do what I need to do. Some of the technical problems are interesting challenges, when we have time to work on them.
Cons
The CTO has created a toxic environment where everyone is afraid for their job, and no disagreement with him is allowed without fear of repercussions. Cost cutting has led teams to only be able to keep the lights on, with no time for actually improving the software. Layoffs are being done with a goal of creating attrition due to uncertainty, instead of doing them and then moving forward. People as a result are unable to focus on their work and create momentum. The hiring bar is being lowered in India in order to meet the demand of layoffs in California.