What the hell is going on here? - Anonymous employee PTC Employee Review

2.0
Jan 26, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Until last month, I thought that this was the best place that I have ever worked at. Great technology, rock star CEO, great benefits. The transformation of the company has led to the stock doubling in value in two years. However, there have been a few changes over the last few months that are really hurting morale.

Cons

While other companies are giving their employee bonuses because of the tax cut, PTC has decided to cut home based employees internet, cell phone, and land lines and replace them with a $25 stipend, while expecting those employees to continue to use those services to conduct company business. This has created a huge issue for employees and a huge amount of company time is being wasted discussing this.

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5.0
Jun 29, 2026
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Pros

Good benefits Work life balance

Cons

Organizational structure changes Low growth internally

4.0
Jul 1, 2026
Recommend
CEO approval
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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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