Upper management is completely disconnected from reality. They encourage making more with less but the IT department is far too skinny which results in people working more than 75 hrs/week. The IT CITO even is aware of this for a while but is unwilling to do anything about it. The biggest Con is that if you bring these problems to the IT AVP they force you out of the company. They have replaced good senior employees with offshore visa people with more plans to do the same. There is lack of support for merit based growth in this company but instead if you are part of the clique who follow orders ( right or wrong) you will fare well. No work life balance.
