PTC reviews

4.1

87% would recommend to a friend

(2,785 total reviews)
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Neil Barua

84% approve of CEO

80% positive business outlook

PTC has an employee rating of 4.1 out of 5 stars, based on 2,785 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The PTC employee rating is in line with the average (within 1 standard deviation) for employers within the Informationstechnologie industry (3.9 stars).

Reviews by job title

3K reviews
1.0
Jun 30, 2015

Morale and Company Interest in Employees at an All Time Low

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You get some PTO here.

Cons

The company has laid off 10% of the workforce in the last 8 months. People, GOOD people, who have been with the company over 20 years were just shown the door. Realize that many of these people were technical people, not managers or, god forbid, executive management. Layoffs at this company abound - you can set your watch to it. This time the cuts were deeper than usual, however. The company's loyalty is not with its people. They would seemingly rather lay people off and retrain new ones instead of finding positions for good people and not have to retrain. Consequently, we are all looking over our shoulder constantly. Merit increases had been suspended last Fall until July of this year. They never did really say why. No raise/promotion again for me this year, even with the highest performance rating one can get. The performance review at this company is a formality, and has no bearing/influence on any aspect of your "career" here. Rather, the company is all about nepotism and cronyism. If joining this company on a technical track, you will not flourish here; you will stagnate.

1.0
Jan 11, 2022
Recommend
CEO approval
Business Outlook

Pros

Decent RSU/Stock if you're lucky to get them Flexible time off policies

Cons

They say they value "authenticity" when reality is you can't trust anyone Venture Capital firm keen on shiny acquisitions while masquerading as an Engineering Company

1.0
Apr 12, 2020

B Grade Company, C Grade Employer

Recommend
CEO approval
Business Outlook

Pros

You will get salary on time.

Cons

"Not a place to build a long term career. Join only if you have no other option." Summary 1. Abject lack of meritocracy 2. Mass firing 3. Culture of yesmanship 4. Directionless leadership 5. Indifferent and self consumed management 6. Arrogant HR and admin department 7. Heavy cost cutting and low appraisals Topmost management They are business-persons, not entrepreneurs. PTC buys companies like Thingworx, Vuforia and others, and later milk them out to death. They don’t have the vision, aptitude and the intent to build and nurture great companies and products. Senior Management In a culture of mass firing only yesmen-ship survives. Senior management is busy playing petty politics and saving their jobs. Who has time for growth and the employee welfare! Lower management Filled with non performers. Senior management makes sure that they fire all the good performers. Who likes competition… Huh!! PTC India Engineering/ Product Development team Under visionary Jim Heppleman, PTC India has ‘transformed’ from a high end R&D Centre to a B Grade back office. Don’t fall for fancy words like IoT, AR/VR etc. PTC India is focused on bug fixing and tech support. PTC India HR The most arrogant team I have ever seen. The way they talk to employees and prospective candidates is deplorable. They are responsible for PTC India’s bad reputation in the job market. PTC India Admin/Facilities Team Only politicians can survive at PTC India and their admins are there for almost two decades. Admin heads handle the written complaints with one liners and then bury them verbally. Admins have conveniently made sure that employees don't have a reporting software to raise complaints and later escalate them to senior management in Boston. PTC India Council PTC India has an oligarchic council made of arrogant VPs, haughty HRs and inept admins. In the name of company welfare, they collude to preserve their seats and bury all the genuine complaints, making sure truth doesn’t reach to the topmost management. Council members scratch each other's backs and make sure to fire all the rising stars and performers. Value system Employee welfare or customer’s growth is never PTC’s priority. They are there to make money. Career growth If you are good at playing company politics, PTC can be a place for you. If you think your work will talk for itself and help you grow, think again buddy! Lastly PTC’s paid PR machinery will try to remove my review. If you find it helpful, please vote it up.

Viewing 28 - 30 of 2,785 Reviews

Glassdoor has 3,256 PTC reviews submitted anonymously by PTC employees. Read employee reviews and ratings on Glassdoor to decide if PTC is right for you.