Pros
1) Salary and benefits are on-par or maybe a bit more than industry standard. 2) There are quite a few really smart people.
Cons
1) Absolutely no long term vision 2) Complete lack of respect to employee's preferences. You have to work on whichever module you are asked to, without any consideration provided to your interests. 3) Constant pressure and culture of patching up solutions in a hacky way. People are discouraged to think holistically and are pushed constantly to deliver private fixes within a few hours. Groups just tend to blame each other and push issues around because of this. 4) Resources are treated like manual laborers. Upper management cares only about people count and assumes that 'n' number of people will bring down the total work duration by a factor of 'n'. 5) Management is actually happy to lose developers in US so that they can backfill with more resources in India or Romania.