Pros

I can't think of anything

Cons

There was absolutely no recognition and/or communication from Sr. level management to the guys in the trenches. There is no feeling of respect coming from the leadership team, and all decisions are being made at such a high level that there is no sense of reality in the analysis.

Advice to Senior Management

Find some people who understand the value of the people that work for you. People are not simply numbers and quotas. If you care about them and reward them with opportunity for advancement they will reward you with some loyalty and productivity.