A company in decline talking big while selling off its pieces
Pros
If you are a woman looking for a management position, this is a great place to work. When they laid off some of the older men in management, they were allegedly replaced with younger women (see Roberts vs Tektronix, Federal Case Number 3:18-cv-02087 in Oregon District Court). Another pro, if you don't like a VP for any reason, don't worry, because that VP will be gone soon to another Fortive OpCo. All of that said, pay is pretty competitive because they are having a hard time attracting talent.
Cons
The long game appears to be selling off Tektronix piece by piece, with Tektronix Communications being divested in 2015, and Tektronix Video going in 2019. After Danaher divested Tektronix to Fortive, new management was brought in to clean house. Employees above a certain age were either laid off or put on impossible performance improvement plans, forcing them to quit. Just a few months ago, those who hadn't been fired or scared into quitting were offered money to quit in the form of early retirement. Even younger employees took the package. The RF product group has withered on the vine, and performance oscilloscopes is facing a similar fate. Senior management rotates in fresh from business school or other Fortive OpCos, completely changes the company strategy, and then leaves for a different Fortive OpCo before that new strategy can be implemented. It is impossible to build performance products with 6-12 month strategic horizons. No project can get approved that takes longer than 12 months, and those that do get approved get canceled when the inevitable VP changes. The attitude there is dreary and dismal as befits a company in long, slow, but apparently profitable decline. They have dozens of unfilled jobs on their website because they have become toxic in their own industry.
