Pros
For fresh graduates you may get some useful experience in a big corporate environment. For those being taken over, you may be lucky enough to be made redundant and have some sort of severance package 💸! If you don't get made redundant, unfortunately you'll be slowly managed out and replaced with off shore fungible/generic resources. This will give you much experience training up your new replacements✅! There are islands of good people who are still left or trapped - The day to day workers on and off shore are still good humans.
Cons
Expect to be given the worst tasks and treated poorly, under the guise of learning 'leadership' - You will likely burn out 🔥 before any tangible benefits to your career. If you're being taken over by ION, ensure to update your CV and get looking - no matter what is promised it will inevitably result in 'cost savings' and mass redundancy 🎯 - This is a cycle well repeated with numerous aquisitions ♻. The middle management is dire and seeking to keep their roles as long as possible; you'll often see mad panics prior to any meeting with the senior mgmt/board. This results more often than not in expected all nighters and 'just get it done' attitude, usually cutting corners.