Pros
When we were in office they sometimes sprung for pizza. Also they had nice coffee machines.
Cons
Pay cuts, benefits cuts, no bonuses, no raises, but every time someone leaves your department, they'd rather you pick up the slack and not hire anyone new. Speeches from upper managment for 2+ hours on how "you all need to think of new ways to work harder" causing us to work late to make up from the soap box speeches. No support. I've never had so many people just ignore emails because you're just a worthless peon, and then your boss will yell at you something wasn't done because you didn't get the payment/permission because you were ignored, I've never worked for a company more willing to seemingly sabotage because they can't lift a finger to do their jobs to help you. "We're a team" as far as doing more work, but not in terms of whose benefits get cut and whose don't.