Pros
Work-life balance is the best if you don't care about your work and let someone else do the job. With the transition to SAFe, it doesn't matter if you under-commit, as long as the team reaches their objectives (tip: setting the user stories as 'done' is enough)
Cons
Work-life balance is hard if you are committed to your job and want to reach some technical excellence: as many people join the company for the advantage mentioned above, some people still have to do the job. Unfortunately, the management is considering the staff as Kubernetes considers your resources: as cattle. If one leaves, just hire a new one. If there is not enough capacity, just add more people. If the deadline are too short, just add more teams. Over the hard time of the covid-19, many experimented engineers have left, replaced by junior developers mostly in the India development center. So the new focus is about delivery, not quality, and bugs and technical debt will be taken care in due time, when pigs fly. It's also worth mentioning that over the time, the benefits are being cut off and the salaries are not attractive anymore for the region.