Pros
It is a growing company which continue to invest in employee and equipments. I work with some of the most humble engineers who have been with the company from few hundred employee to now few thousands. The entire engineering community is very resourceful backed by strong on-site manufacturing and EME experts. Compared with my previous company, the way Extron structure truly enable engineers to stay focus on new development. As company culture, it is a hybrid version of my previous three employments with 100K+ employees with more than 500 people on-site. In a strange way, I enjoy been monitored closely with these time cards while the personal/sick hours are not as intimidating as the company trying to emphasize. There are on-site people who may be paid hourly, it is fair everyone clock in/out and minimize the weird feeling of walking around with company hierarchy in mind. There are family gathering opportunity in summer, and mandatory x'mas party at year end. It's one of the thing it's a perk if you enjoy, or just something to whine about if you dislike gathering.
Cons
As my own example, it was difficult to gain visibility and was assigned to numerous low priority projects. The definition of priority seem too arbitrary and need to be better defined and explained to help employee set goals and perhaps opportunity for promotion and raises. Since this is a cross-matrix organization, the product managers and project managers should be liable for getting engineers recognized.