Pros
The culture WAS wonderful for years - like one big happy family. Great location in Hoboken - lots of restaurants, stores of every kind (except book stores, which was kind of strange), etc. Terrific cafeteria with the best short order cook in the world. Genuinely nice, helpful people.
Cons
When the old leadership team retired, it's like the company just fell apart. They got rid of the woman who had been training for years to replace the old PT president and replaced her with a Steven Smith crony, and the new PT president is awful. What the old PT president spent 25 years working to make the best PT division in publishing, the new guy managed to destroy in two years. Systems are very slow. Several years ago, they made a huge acqusition that was supposed to make things better, but they should have taken that money and updated the systems. They're trying to do that now and they're just not making very much progress, because the economy tanked. If they'd had the systems in place for better online publishing, they could have ridden it out. Compensation for asssistants is well below average.