Pros
Work life balance - that's about it. Use to be work place flexibility, but that's going away.
Cons
The company is trying to position itself as a "Best Place to Work". It ironically sees itself as an "Apple" or "Google" when it comes to work place accommodations. But it is lacking in everything about those companies - great health care, free meals, industry leading pay. Every response with a large employee audience where pay/benefits are of concern is always "we are working to match market norms" or "this is competitive with the current market". How can a company be a Best Place if it's always doing catch up? Now they are taking away the availability of remote work with a blanket mandate that all employees within 50 miles of a major office must physically be in the office 2x a week. The reasons are to network, build a collaborative atmosphere, and deepen relationships. Never have employees at the company been so vocal and opposed to a decision, yet senior management refuses to address the many and justified concerns of its employees while providing empty gestures of sympathy that it will be difficult for its people.