Pros
Looks good on a resume to employers who have not worked there themselves. And if they have worked there they may hire you based on pity alone for having to work at and deal with such high levels of incompetence.
Cons
Management are bullies and it takes months for HR to do anything about them, if at all. HR usually only acts after droves of team members complain or leave. No one has any work ethic or morale because they do not feel valued or secure in their jobs. Management is constantly changing, always for the worst. When the team members can't stand the bullying and mismanagement of certain Managing Editors and quit, they aren't replaced so the team members who are left just become more and more over worked and taken advantage of. Outsourcing is to the point where you have to call India on your personal cell phone just for them to reset your computer password. It's so hard to understand them that it ends up taking an hour from your day just to have them complete a simple task. People are kept in part-time positions for years while people that exhibit clear signs of being psychopaths are promoted based on their skills as manipulative bullies and brown-nosers. They claim to promote based on merit but then don't interview every person that applies for a job and choose old white men for jobs over people with metrics twice as good as the old white men. Once an employee is promoted to full-time the benefits are expensive and cover nothing. No one ever receives raises except those special people recruited for the 'fast track' to management. Another slap in the face to people who work hard but are passed over and ignored. I had one managing editor confront me about not taking a break when I had enough work for 3 employees to complete because we were short staffed. He said he had watched me complete my work and knew exactly how long (down to the exact minute) it took me to do each task. I found it creepy and invasive. I also wonder about exactly how much work he has to do if he has time to sit around and watch other people Big Brother style. If your stock is rising so quickly and you have such high profits, then how dare you not offer good benefits and pay to the people who have helped the company.