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Parametric Technology – “Great pay but very slow moving organization

Sep 14, 2008

4.0

Parametric Technology Principal Software Engineer in Needham, MA:   (Past Employee - 2008)

Pros

The pay is very competitive. If you're in the right position you get many opportunities to control the direction of the products. They aren't afraid to try new technologies but typically takes years for them to make it into a shipping product.

Cons

Layoffs can happen after a bad quarter. Very typical corporate environment. Heavily into outsourcing so most meetings are held via conference call. Hours spent on the phone! Company is run by a salesman so everything is driven by the sales organization - sometimes to the detriment of R&D. They would think nothing of laying off key people in the middle of a project if it made the numbers work for Wall St.

Advice to Senior Management

Shorten the product release cycle.

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Parametric Technology Overview (PMTC )
Web
www.ptc.com
Industries
Size
5000+ Employees, $1B+ Revenue
HQ
Needham, MA
Competitors

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