High Turnover - especially for a small team! Most of those great folks I knew have left the company, so I can't vouch for those still there. Even some of the die-hard loyalists threw in the towel, driven away by too much work with too few resources.
Management could be erratic - You were the Golden Child one day, a Red-Headed Stepchild the next for no cause.
Internal processes are heavy and cumbersome - lots of processes to follow not because they add value, but because its already implemented, even if useless/counterproductive. Management continues to insist "We are Agile!"; an ironic claim at best - the actual process is an uncomfortable blend of CMMI and Agile, weighed down by legacy processes with little interest in actually implementing Best Practices.
Complaints were filed, investigations opened multiple times against particular managers, yet despite the team coming out almost unanimously with a bevy of complaints and concerns (not to mention some scathing exit interviews), almost nothing was done (I believe some sort of short class).
I have complaints on a personal note, but I don't feel they are necessarily relevant for others...