Pros
Nice workers on the team, good projects.
Cons
The CEO used actions which follow a recognizable pattern of a "bait-and-switch" designed to maximize leverage and minimize costs of staff. His method was to extract free or cheap labor through psychological manipulation of their employees by making them feel inadequate so that they take lower pay and do overtime labor for cheap or free. There is a culture of employee fear, skill devaluation, and push for unpaid overtime. This is a direct indicator of a studio culture that demands high output while minimizing compensation.