Bear in mind these cons are for my role, others may have different experiences:
Meetings are often repetitive and, in my opinion, unnecessary. The most salient example which comes to mind was having a last-minute meeting to discuss our thoughts on a meeting earlier that same day; an email chain would've sufficed.
Meetings tend to veer off topic and become management making wish-lists/fantasizing about what could-be, but without generating actionables. I believe this to be good for enthusiasm but bad for time management.
As a final note on the meetings: they were especially galling when the management insisting on them happening would often be late or not show up at all (because of other meetings).
Certain higher-ups have a tendency to micromanage or over-involve themselves in certain departments. Never in a rude or stressful way, all of the VP-level managers were wonderful people, but in one which signals (even if it may not be true) a lack of faith in those they're micromanaging, and most importantly: does not help the work being done, if anything slowing it down.
I did not receive a raise the entire time I worked there, and others I spoke with have said its been longer than that for them. I put this under cons, mainly, for those roles which can skill-up and be worth more elsewhere, but also because it is nice to be able to keep general pace with inflation. I know this is not greed, or inattentiveness, as I've said management clearly cares about staff and the starting salary was competitive -- however, if one is considering whether to stay or go, hearing that salary increases are rare is/was a bit concerning.