PTC buys out smaller companies, destroys its culture, lays off most of its people. - Senior Software Engineer PTC Employee Review

1.0
Feb 6, 2014
Recommend
CEO approval
Business Outlook

Pros

Work/Life balance, flexible hours, great people (who end up leaving or get fired/laid off),

Cons

Low pay (unless you are in upper management - then it's great pay), no bonuses, frozen salaries, constant lay-offs, inadequate leadership, outsourcing to India.

Explore other reviews about PTC

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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