Pros
Great benefits when I started, which sharply declined as the company has continued to hemorrhage cash. The meal program was shifted from in-person chef prepared meals to Doordash credits, and events went from huge productions to a zoom meeting. People who have made it through the many layoffs are basically stuck there because they've gotten raises to keep them in their seats, so pay is decent for many. There is some hope in a new CEO, but most believe the damage has been done. He will be limited in what he can accomplish while dragging the dead weight of the Product lead. Tech debt has been a consistent issue which they are only addressing in the company's 21st year in business.
Cons
The Board promoted an unqualified "intern turned CEO" seemingly based on tenure who was more focused on self-promotion (paid for by the business) than leading, and her 18 months at the helm destroyed the company before she was finally removed. She immediately fired other executives, one of whom was in active cancer treatment, and ostracized anyone who questioned her. Product has no direction under another problematic leader and there are newer companies doing the same thing way better. Rolling layoffs and budget cuts have turned the office into a graveyard with zero events or perks, and morale could not be lower. The lights are barely on. On the Engineering side, they brought in a new CTO who fired, made redundant, or ran-off virtually all of senior engineering who carried the bulk of the company's domain knowledge. Operationally, they have now downsized even further so 1 person is running all of HR. This HR leader was also present for the questionable firings during the previous CEO's tenure, and never spoke up, so they have completely lost the trust of employees.