Pros
Decent salary and benefits. Smile and nod your head a lot, and you'll have excellent job security. Great work-life balance once you realize there is nothing to be gained by working hard, but keep up the appearance that you are.
Cons
Company is a cult of the CEO, who thinks he walks on water and micromanages even the smallest decisions, which he will impulsively change, then change again. Promotions given only to the select favored few who bend the knee. Results don't matter (as evidenced by the stagnant stock price), only that you play well with others. People have no incentive to work hard, because they know whatever they do will be undone by the CEO's next impulsive change of direction. CEO complains about low productivity, but doesn't have a clue why this is the case.