Pros
Because of high turnover and inability to attract talent, you have the opportunity to take on roles which would take sometimes decades more time to be eligible for. This is true all the way up to Executive Leadership.
Cons
Unimaginable turnover. The vast majority of engineers have less than 5yrs experience out of school. Many operations folks are also inexperienced and due to understaffing never had an opportunity for skill handover before the experienced person left. We have had SEVERAL multi generational, leadership level operations people quit the company on the spot in the past 6mo-1yr Chaotic environment with lack of strategic alignment, constant fighting over positions which causes silos and duplication of efforts. Corporate initiatives are numerous, rampant, and often have had zero interaction with the stakeholders prior to committing all the way to a project schedule on completely unheard of things. people leading complex initiatives with zero experience in that space. No awareness as a whole on what initiatives are actually happening or the bandwidth available to support them Many people in leadership are unreasonably aggressive and woefully unequipped