Pros
It's hiring in the current economy. But hiring continuously as about 50% of new starters quit within 2 weeks.
Cons
Enormous pressure to low-ball translators and have work turned around quickly. Emphasis on speed rather than quality. Continuous pressure to get work turned around. The problem being that the work isn't in your hands. No sense of accomplishment can ever be realized as more deadlines are always on the horizon. Results from unrealistic deadlines and having to use the cheapest translators on the planet are that errors are made. You will then lose money on your bonus and receive negative feedback. All of this despite the fact you can only do the best job possible with the funds afforded to you. A walk around the office will confirm that hardly anyone has any experience at all. Senior management is absolutely terrible.