Pros
The best reason I can think of after months of reflection is that it looks favorable on a resume.
Cons
The management team drives by fear for ones job. There is little teamwork as everyone is fearful of the gentle nudge in front of the bus. Regardless of how the company has performed, there will be layoffs each year. I knew I was in trouble when on my second day of work, the admin assistant "joked" with me about her surprise to see me show up. The stress level is high and only ratchets up and the expectation of your time ( ie. your commitment to the company) is brutal if you have a family - even away from the office you were expected to respond to your blackberry. If you didn't come from a few select MBA programs, you likely were not considered upwardly mobile or a hi-pot.