Pros
You might get laid off. In terms of actual work it’s the easiest job you will ever have. Oversight is minimal and expectations are low.
Cons
Middle management and team leads are sycophantic and ineffectual. Their sole job seems to be finding new ways to slow down formerly efficient processes. People are regularly “managed out” and any issues are dealt with passive aggressively instead of directly. Nothing can be discussed in confidence. Every “private” meeting you have, be it with management or HR, will be discussed with other employees. It’s a return to a high school social structure including popularity contests, gossip, and sucking up to get a “good grade”. No investment in employee growth. Management would rather award false accolades and pat themselves on the back than actually acknowledge what it is that their employees actually do. Ever seen the movie “Office Space”?