Pros
Free snacks Free swag every year Some great, creative people as co-workers Looks good on your CV
Cons
Low pay with no chance of raises or promotion. Managers who actively discourage employees from discussing salaries (which is illegal) and who reprimand employees who've discussed their salary with others or try to get a raise. This happens across multiple departments. Lack of skills and knowledge by management to address the real problems in the company that prevent us from doing better work. A lot of incompetent managers who skate along doing nothing and don't get fired. Big drain from the company of talented, smart people on both the editorial and business sides due to lack of respect, being treated like a content factory and absolutely no chance for any kind of career progression or even a salary rise when their annual review is due.