Poor management and no leadership
Pros
Decent work/life balance. The benefits are decent. The vacation policy and holidays are a great benefit. The domain is fairly interesting and the company is growing. The new CEO appears to care and is very approachable.
Cons
There are no systems or frameworks in place for CI/CD. There is a small group that is initiating a true cloud platform but it is very much a work in progress. The development teams lack qualified developers, for the most part. The legacy monolithic application is a chaotic mess of libraries and custom code that doesn't follow industry standards for dependency injection, database calls, etc. New microservices don't follow the normal Spring patterns and are often times poorly implemented. All of this can be summarized by a lack of leadership in the development ranks and a lack of priority on what is important in enterprise development.