Pros
The senior leadership will never talk to you, even everyone in your team and the customers believe they are making bad decisions and wasting everyone's time, and even after it finally turned out that the engineers and the customers are right.
Cons
Senior leadership has no clear and doable plan for this year, next year, and the future. They have no communication with the engineers and no respect to the employees tasked with the actual work. They won't listen to the engineers, and instead, they built more hierarchical management layers, and distanced the engineers, so that the real issues in the projects won't be able to pass many layers to reach them. All of our projects were stuck with no real enhancements for years since they took our contract. All of our projects will likely be replaced or decommissioned when they lose the contract