Pros

learn how to cannibalize your company resources and future prospects to meet the current quarters earning targets. relatively decent lay off packages.

Cons

low margin business
disorganized and chaotic decision making w/o a strategic vision
when you division is cut your job is also, no job security anymore.

Advice to Senior Management

100% of the work is done by about 20% of your company and you are systematically demotivating them along with the rest. give us back our 5% pay cut or just don't expect people to stay with you when the economy turns up.