Pros
Deadlines are simply pushed back, low risk of working overtime, layoffs.
Cons
Personal Growth: - 0 company growth, unable to secure funding despite increased interest in the area and being pioneers themselves - Low pay - High attrition rate - Difficulty attracting new people, especially seniors - No career path - No educational budget Product: - No current product vision other than fixing bugs - Huge technical debt (working with current tech unlikely, heavy reliance on old outdated tech) - Adopted Agile with all the meeting ceremonies of Scrum but without giving the product team the necessary authority to be agile - Still only 1 release/year after adopting “Agile” Management: - Lacking people skills - No trust in people, decisions need to be escalated to C Level - New projects are always led by someone from C Level, never delegated - Very bureaucratic setup for a small company - General divide between C Level and rest of company - 0 woman in the C level, past and present, few women in general