High on IoT, short on employee loyalty - Director of Product Management PTC Employee Review

2.0
Apr 18, 2016
Recommend
CEO approval
Business Outlook

Pros

While the strategy of the company's changing, their new focus on IoT is spot-on. They are trying to change a legacy software company into software development tool company surrounding all things IoT. You get to work some very smart people who are passionate about their jobs.

Cons

The company lacks loyalty towards their resources with contestant lay-offs and then immediately hiring from the outside. The culture of the comaonly is too title oriented. Your title is the basis of how well your ideas are listened to and embraced. All compensation is title based.

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5.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Good benefits Work life balance

Cons

Organizational structure changes Low growth internally

4.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Flexible, great colleagues, good HR training on goals and objectives

Cons

Depends on the group, toxic culture pockets exist, abusive and bullying behavior is laughed at and accepted rather than corrected, unclear strategy, business unit level vision is lacking, no accountability, several HR complaints against a manager go unaddressed, slow to change, can be chaotic, more interest in checking the box than hitting the right mark.

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