Pros
None (maybe schadenfreude) actually, one positive -- it's impossible to get fired no matter how incompetent you are (really a negative because of all the dead weight and horrible managers)
Cons
way below market value salaries no pay raises (I know several people who have waited YEARS for management to complete an "annual" appraisal.) horrible benefits (worst options for healthcare I've ever seen) hostile work environment incompetent management horrible work environment (loud, distracting, no labs or equipment) all complaints, constructive criticism, and suggestions are completely ignored no integrity in management (slimy used car salesmen who lie and blow smoke) no responsibility in management (always have an excuse for their failures; always someone else's fault) no trust in management no opportunities for advancement obsolete technology/languages hypocrites who do not follow company core values employees not seen as human beings; only seen as resources to be used or tossed