Good engineers. Camaraderie forged from adversity. Surprisingly good pay. Opportunities to do cool stuff. Occasional micromanagement is limited by senior management's short attention span.
Cons
Lack of direction. Lack of transparency. Absence of trust. No technical leadership or vision. Monthly tantrums from senior management. Lots of wasted effort on "sure thing"s that go nowhere. Deep and overwhelming sense of doom.
Good engineers. Good work relationships. Good location to leave for lunch and escape the craziness that breezes in once a month and screws everything up. Nice view of Pioneer Square.
Cons
Horrible executives. Really the worst. No consistency. No understanding of market or technology. No ability to think. No ability to lead. No desire to tell the truth.