Pros
Technology is fascinating and cutting-edge. It's really the only reason to work here. Brand is still strong despite lack of investment and management incompetence. Salary is very competitive. There's a lot of opportunity to contribute and improve things, if you're motivated, but don't expect to be rewarded or appreciated for it. There are some great managers who heroically shield their reports from the insanity of upper management. The new president is much more competent than the previous regime, though the recent decision to merge and restructure product lines is unwise.
Cons
Tektronix continues to feed off the carcass of its legacy technologies. Many of its platforms have been dying a slow death due to intentional neglect. Many of the older engineers stifle the career development of younger engineers to protect themselves. Who can blame them, however, with the constant threat of layoffs. Tektronix continues to undermine itself by focusing on expenses and yet expects the tightened resources not to impact R&D and sales efforts. For instance, the sales teams are constantly fighting for demo equipment and engineering teams never have enough prototypes. But, the inventory numbers look great!