Pros
Expectations are pretty low for you, since most smart people either left or let off. That is, if you don't ask for promotion or compensation adjustments or bonuses.
Cons
Old people. Old ideas. To be promoted, you should have been with the company for a long time and know the old-timers. Brown-nose the old guard: you will get promoted even almost every other year, even in these tough times. I am now looking outside. In the eight years, I worked here, I got a manager finally who I thought knew what we were doing. Recently the management let him go! He was modern in his style and was very innovative. I thought I had started enjoying work despite the financial conditions. The guy knew how to make remote employees work. He always went fighting for his engineers. But one day I came to work and I was told he had been let off! Now I am looking outside. But feels sad to leave because I love what I have been doing here. And, in Markham where I work, there is no other competing business. I am so damned with this management we are considering relocating now.