Pros
"Unlimited vacation," some managers will require that you document your time off and that in reality, you can only take off 2 weeks/year. This is illegal, so its not an actual restriction, but you can gather the atmosphere.
Cons
Disorganized and decaying team structures due to high turnover. Work is very silo'd causing a lot of misunderstandings, wasted time & frustration. No mentorship encouragement whatsoever. Employees are instructed to manage themselves. Workloads cause several employees to work 60+ hours/week. Bleeding talent. No training at all, people literally joke about how long it takes to understand the job(an entire year) which in reality is very easy and unnecessarily causes a lot of burnout and tension, mgmt see's this as an employee problem that the employees should solve on their own. Rudeness is rampant and leadership is incredibly bullyish at times. Perks and benefits have done nothing but decrease.