PTC reviews

- Constant layoffs, typically dictated by a management consultant firm (not necessarily employees and leaders that know the business inside out) - Too many initiatives and priorities mean none of them are important - New leadership has isolated themselves from others at the company, they barely acknowledge employees, and hide away in conference rooms - what is driving acquisition strategy is sometimes unclear and reinvestments into SaaS are confusing - core business and saas products seemingly become redundant - A lot of great talent has left PTC in the last year - Lack of diversity especially in women leadership - Doesn’t feel like decisions are made in the best interest of customers

Moving most positions to India. If you are US based stay away. They have layoffs every 6 - 12 months and have no problem eliminating top contributors. Plus they routinely underpay. Very old school in development and management practices. Talks a good game of modern agile development but uses waterfall in reality. Serious culture of blame which stifles creativity. CEO has his younger brother in charge of key initiatives and he is not qualified. The nepotism is extreme. CEO also has strong desire to stop most remote work and have everyone come into the office 2-3 days per week.