Pay is extremely low for the industry
You will receive no backing from the business, they do not take your side
No career growth opportunities
Frequent issues with pay, they are in no rush to resolve them (google 'sparta global court cases for a few fun reads'
People are constantly placed in roles they did not apply for (software engineers being placed as QA, devops being paced as BA etc)
If the company takes a disliking to you, demand changes, or the wind blows a certain direction, they will lay off entire cohorts without warning.
You are, and will never be more than, a number/source of income to the business.