Pros
There are few pros. Generally you work tethered to an online office communications system. This proves to be worse than working in their actual office because people seem to feel emboldened to say things that they would probably be unwilling to say to your face.
Cons
To me it seemed like a completely caustic and hostile work environment. During phone communications I would often hear F-bombs, my superior felt free to directly insult me personally in ways that violate every decent corporate standard. It was so far over the top that it seem almost comical. I felt like I was in some bad movie. Much of the problem came from management's failure to hire and retain entry-level employees due to low wages. This caused panic as the company struggled to deal with the situation intelligently.