Pros
The new CEO is actually really great. Engine Yard needed this. The choices he's made are ones that should have been made a long time ago. I think he also pays attention to what we're good it, which has always been a gripe of mine. He's learning what we're able to do well and trying to build on that. He wants to keep our big customers and figure out how to make our platform work for the people that need it most.
Company culture has rebounded a bit since the layoffs. Hiring is resuming with focus on engineering (yay).
Cons
When you deal with so many people's core businesses, security is very tight. Though it's expected, it can be cumbersome on a day to day basis.
The time needed to accomplish fixes of underlying issues is still hard to come by.
Company perks have been cut back recently, but this is to be expected.
The agile methodology that has been adopted recently can be cumbersome and overly specific at times. Allow for engineering creativity in solving challenges rather than exhausting the challenge before it gets to the engineers.