Pros
Not many. Depending on your team you might have a better work life balance than some places, but this is only a temporary illusion as the ax is probably coming for you soon.
Cons
The facts: the company is aggressively cost-cutting to please a few activist investors. This means your job is constantly on the line, which management is happy to constantly remind you of. HR is dumb enough to send 'engagement surveys' a few days after a round of layoffs. Then the CEO send a strategy email the next day. Totally clueless. The people that are left are the ones who haven't been able to find jobs elsewhere and everyone is looking actively. Top level people constantly have jobs about strategy and where they are taking the product, but nothing is ever produced and no real changes are made. New technology will not be substantially better than the old technology. There is no real vision for a true product, only mindless repetition of the same strategy line preached to investors. Managers are openly aggressive and abusive. Stay away, and try to make a career somewhere else!