PTC reviews

4.1

87% would recommend to a friend

(2,788 total reviews)
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Neil Barua

85% approve of CEO

81% positive business outlook

PTC has an employee rating of 4.1 out of 5 stars, based on 2,788 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
3.0
Jun 2, 2019

Yearly Layoff & good Pay

Recommend
CEO approval
Business Outlook

Pros

Don't believe on the fake comments put by HR. I Have spent 4.5 years.You will get good hike even a avg performer will get more than 10%.Good performance can get a appraisal of 18-22%. That's the only pro. You can get Wfh facility.

Cons

Lay off happens every year at last week of October or 1st week of November & it is must that manager have to nominate few names to be put in PIP & later they will be terminated. Every year PTC will buy 1 or 2 small companies.As a result they will be forced to do layoff to match the revenue. Last 5 years ptc revenue has been growing down from 1.45bilion $ to 1.13 billion$ Top&middle management are not confident on their decisions. Let us take few examples Agileworx was a product for which they have invested more than 3 million $. Later they scrapped it. Again they have started a new product connected Requirements & again scrapped it. At the end they fired all the employees including new employees whom you can't even judge within only 1 year.current management board of directors are not worth to run such a branded organisation. If you are more than 6-7 yrs Exp don't join bkz you can't escape from there afterall. You will be waiting and waiting & one day you will be asked to leave the organisation. One humble suggestion: Don't believe on the comments of HR Contact me I can share the exact truth..

1.0
Feb 15, 2018

Don't believe the hype, PTC is a dinosaur

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The paychecks don't bounce (yet)

Cons

We have heard of many companies giving bonuses after the recent corporate tax cuts. PTC? PTC is laying more people off. In fact the recent round of layoffs is one of the biggest they have had. Why the layoffs?

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)

Viewing 100 - 102 of 2,788 Reviews

Glassdoor has 3,259 PTC reviews submitted anonymously by PTC employees. Read employee reviews and ratings on Glassdoor to decide if PTC is right for you.