Pros
The company is yet again on the cusp of a product pivot for better or for worse. Great challenge if you are a self learner and can pick up the baton where the previous engineering team left off and are willing to participate in a company looking to rebuild it's culture from ground zero.
Cons
The history of the company is riddled with questionable management decisions and horrendous contracts. To the effect that has forced the private equity firm and newly appointed CEO to file a chapter 11 bankruptcy in an effort to save the company with a herculean pivot of product strategy. There is a lack of clear vision of where the company intends to go. One day the existing engineering team is a vital asset for the survival of the company and a requirement to future success of the new product(s). Just to be followed by monthly lay offs that claimed most of the engineer staff not already departed of their own accord. Long are the days gone where new ideas are embraced and vetted amongst your peers . Answering to managerial requests with anything other than "Yes" could be met with opposition, or if the request is voiced from a certain Director, a possible retort of negative remarks and/or attempts of degradation of your work ethic and/or character may occur. Replying with constructive criticism or feedback can be dismissed and may be argued against you. Transparency, honesty, and is trust touted to be the new internal mantra. The recent actions of management speak otherwise.