Good pay and learning opportunities, but frequent layoffs loom
Pros
Ability to learn new technologies and skills outside of your field of knowledge. Freedom to self manage when you have a good manager. Benefits are excellent. Starting pay is very good and higher than most other jobs. Starting pay is based on base salary and 2 years of bonuses. Employees have the freedom to choose projects they are interested in joining and set their schedule. You have some limited ability to travel.
Cons
Frequent layoffs without notice or explanation (employees encouraged to "focus on work" and not worry about layoff speculation). Starting 3 year and beyond a major portion of compensation is based on stock which is given at managers discretion and influenced by stock market performance. A bad manager can drastically lower your pay. Some managers push for more output to earn more pay without clear guidelines or expectations. Company shifts priorities regularly based on new leadership. Consultants reassigned managers almost yearly. Ability to travel for work mostly gone after Covid. Most team members don't work in the same location and have very little interaction.