A Company in Decline - Anonymous employee PTC Employee Review

2.0
Jul 27, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

* Decent severance package when you (inevitably) get laid off. * Flexible work schedule / location

Cons

* Non-competitive wages. * Twice-yearly layoffs. Multi-year hiring freeze. * Toxic morale. People are openly talking about finding new jobs in the hallways. * Stale technology * Too many layers of management that do not add value.

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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