We Shall Destroy What We Acquire - Vice President PTC Employee Review

1.0
Mar 14, 2017
Recommend
CEO approval
Business Outlook

Pros

The place use to have very smart and hard working people, Collaborative Environment.

Cons

Where do I start: - CEO clearly lacks a vision for the compnay. He mainly cares about cashing and selling stocks, or signing autographs for his HBR articles - CFO came with the vision of laying off a lot people to save money - No real culture - No innovation in PLM and CAD (Core Products the company) since they are underfunded, with no one is left to fix bugs. - Acquisitions in the last 10 years destroyed so much values and good companies ( e.g. Arbortext)

Explore other reviews about PTC

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great place to work and play

Cons

More travel than I expected.

4.0
May 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Great people, customers, products. The culture has improved significantly over the past 5 years or so, and now feels like a relatively modern software company. Exec leadership is very good, Neil is fantastic.

Cons

Mid-level exec leaders, VP level, are still very political. Salaries are way below average.

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