Pros
About the only thing I can think of at this point is the free soda and beer, and even the beer is limited in quantity and quality. After doing the stars rating, I'll concede that the life/work balance is ok. You can go home at a decent hour during non-critical times without any social/cultural hits from your peers/managers.
Cons
Sub standard pay for the area. Think in the neighborhood of a 30% differential. The company didn't make its projected earnings, though it still made a profit, and has $180M+ cash (after liabilities, etc.) on hand. So of course, that means it's time to "tighten our belts". The company keeps promising "we're not doing layoffs", which is Dilbert speak for "Get your resume ready". Sales team managers are locking salespeople in rooms yelling "this isn't a discussion" and then starting to berate them. Morale is low. The ship is sinking. People are heading for the lifeboats.