Pros
Short commute and quiet because of empty engineering offices due to positions being constantly outsourced or eliminated.
Cons
No job security as the company struggles to complete projects on time and has a high rate of turnover due to poor management, pay and treatment of employees. (Lackluster reliability due to rushed designs that cannot be tested properly because funding isn't available to purchase the proper equipment.) Constant stacking of priorities so you will always struggle to keep your head above water, management does not understand that one person is not capable of doing every task by themselves and time needs to be given to complete what's currently in queue instead of bouncing around from task to task then complaining about lack of progress, there's no planning whatsoever so every decision is made in the moment without considering the bigger picture.