Pros
No major pros apart from flexible work timings. Not a good place for junior employees. Only seniors can survive that too with very limited work. No opportunities will be given for juniors to grow.
Kontras
Roles and responsibilities change at any point of time. Work will not be given and Management threatens to put resources in PIP just for the budget cut-over. Micro management happens in most cases. Not a good place to work for whom career growth is priority. You can be put into any project based on Management requirement though the skillset doesn't match. Management does not know how to save their resources and puts resources careers' at risk. No proper work is given to employees at first place. Only documentation works or small tasks will be given. Not a friendly environment within the office. HR team also does not give good support in resource allocation to the respective projects. No scope of moving to different team. Employees will be promised of having great organization values before joining, in which company does not follow any values for their employees. People will be hired but will not be given work for months in case of juniors.