Pros
Depending on what organization you're in, the work/life balance can be pretty good. Some areas can be a nightmare. But it's mostly good.
Cons
The culture of the company has taken a HUGE nose dive in the last year. Like, plummeting from a cliff sort of nose dive. It's in the basement at this point. Despite multiple assurances that layoffs are over, they lay more people off. They're gradually forcing people back into the office more and more, under the guise of cOLLaBoRatION. And rather than focusing on improving the remote collaboration experience and keeping the people, they keep the buildings and kick a bunch of people to the curb. At this point, there's zero trust in senior leadership, and I don't see that getting better any time soon. Also, pay scales for software development is not on par with the rest of the industry. They want top tier talent, but aren't willing to pay top-tier salaries (or even mid-tier really). Prepare to be undervalued.