Pros
Benefits, but those will surely be cut too so C-suite can get more promotions, raises and bonuses
Cons
Must be the most overpaid and entitled leadership team in the industry with nothing but one failure after another to show for it. Chief HR Officer and Chief Operating Officer are positions that should not even exist in a small company and neither deserved their promotions. C-suite takes more vacations than anyone in the company and then thinks the rest of us want to see their vacation slide show! They preach about cash runway and the need to lay people off and cut programs, but give each other promotions, fat raises and bonuses. It will only get worse when current CEO steps down. At least he has a personality, is nice and is humble. More than can be said for the new guy stepping in. This company will not survive the long game because they run it like Gilead.