Pros
None to list. There used to be some. Most are long gone.
Cons
The company has no direction and completely lacks leadership from the C-suite who has taken on all managerial roles after the termination of all middle management. The results of which are so detrimental that the environment there has become quite toxic and subsequently, customers fled at an alarming rate. Business strategies and new initiatives have failed. Furthermore, the C-suite is entrenched with several long time employees who have little accountability to anyone and way to much unchecked power, and the people who actually built and nurtured the company to thrive are long gone, so there's very little if any institutional knowledge left. What is left seems to be hoarded and not shared to the benefit of the organization. Imagine folks try to save a sinking ship with duct tape and incantations. That's what it's like.