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12 days ago

IoT Application Support Engineer

PTC Exton, PA

working with our customers, partners, and the greater IoT Team to resolve software issues, address questions, or guide on best practices related to… PTC


2 days ago

Pre-Sales Technology Associate Application Engineer – new

PTC Needham, MA

PTC offers a challenging, fast-paced environment where you will work within a small, high tech start-up environment with the security and benefits of… PTC


30+ days ago

SLM Application Engineer

PTC USA-HO-Michigan

PTC


PTC Reviews

3.2
347 Reviews
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Approve of CEO
PTC CEO Jim Heppelmann
Jim Heppelmann
160 Ratings
  • Helpful (17)

    The best place to learn how not to run a company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager
    Current Employee - Manager

    I have been working at PTC full-time

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Flexible hours and WFH when needed. In some departments higher chance to work with smart and knowledgeable people. If happened to be in the right team at the right time - you can learn and maybe even get some recognition.

    Cons

    The company has lost its direction and for the last few years it just wanders aimlessly with no vision or plan, desperately hoping to catch on a wave of make-believe hype to restore part of its early glory.
    Frequent layoffs are common exercise as means to demonstrate financial competency, due to failure to deliver actual notable growing sales.
    Reorganization and "strategic changes" happen so often that no single planning ever gets executed, leading to occasional paralysis, never-ending projects, delays, frustration and under-delivered results. Yet higher management never holds itself accountable for derailing the company. Quarterly excuses always blame the world economy. God forbid executives to take responsibility on failed calls.
    Many departments, mainly in engineering, are mixed bag of mediocre or tired old-school nearly retired engineers who can only find excuses how not to do things.
    Completely siloed non-cooperative way of work, many times affected by bad internal competition and toxic petty politics.
    Compensation no longer competitive and raises are scarce.
    Questionable practice of promoting family-members...
    Too many managers and "visionaries" attempting to constantly reinvent the wheel with little relevance to reality. Typically ending up with most complicated useless concepts and fancy new acronyms that no one understands even in the tenth time.
    CEO is surrounded by full entourage of corporate little-helpers paid heiny-kissers that feel obligated to worship "the CEO" and constantly try to impress him by posing him to the company as a "rock-star" god-like figure who invented the sun and the moon. It is so pathetic that at some point they arranged all headquarters employees to stand in line to get a personal signature from the CEO on a copy of some article that he wrote. Followed shortly by daily emails to vote for him as CEO of the year in some meaningless website competition at the time... And telling all employees over and over they must feel "excited!" about the new strategy or otherwise they should go and educate themselves why it is so "exciting!", while almost nobody can actually articulate what is "it" to feel so excited about.
    The company seems to care more of the CEO image than a slightest bit of valuing its employees.
    Acquisitions are done with the least possible reasoning and barely ever make a successful integration, forcing awkward company structure as well as patchy and inconsistent line of products and platforms.

    Advice to Management

    Higher management should stand up to for making sense and face reality, even if it means telling the CEO he is wrong.
    Take responsibility and admit to failure and make reasonable changes.
    Focus on making good products instead of "strategy". Nobody cares about strategy.
    Nurture existing employees instead of hire-fire time and time again.

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