Pros
Attracts good people in production - have made new friends, some departments are still 7hr with 1hr lunch, nice working environment with proper equipment
Cons
Little freedom to creatively respond to the market, very frustrated middle management, low loyalty with production staff, very little female or minority representation in corporate management, poor wages for production and middle management alike, special treatment for top 1% in the company: including middle of the year title changes and raises, while the rest of the company can wait years (3-4) for a 1% cost of living increase, very little room for advancement at the Corporate level, there is drama and a sense that things will continue to get worse for production while improving only for Executive staff