Pros
1. Challenging problems to solve. 2. You get to learn a lot of different technologies. 3. You learn to take ownership of a big scale project impacting millions of users.
Cons
1. There is no work life balance. Even if you are on leave, the manager will shamelessly point to others that they can call you since you are the only POC of a particular service. 2. No regard for employees mental health. Your manager is not your manager, he is a Swiggy's bouncer assigned to you to make sure you work like a donkey and nothing less. 3. You spend half your day in context switching. If a team has 8 people, they will literally be working on 5-7 projects at a time. Also, because of the overlap of ownership, you will be working on something and will immediately be called upon to look at a production issue, which by nature takes a higher priority than the work you had at hand. This ensures that you can get little to no software development done during office hours and have to burn the midnight oil. 4. Heavily underemployed. For God's sake, if you don't have enough employees, don't take up so many projects.