A Company in Decline - Anonymous employee PTC Employee Review

2.0
Jul 27, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

* Decent severance package when you (inevitably) get laid off. * Flexible work schedule / location

Cons

* Non-competitive wages. * Twice-yearly layoffs. Multi-year hiring freeze. * Toxic morale. People are openly talking about finding new jobs in the hallways. * Stale technology * Too many layers of management that do not add value.

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5.0
Jun 29, 2026
Recommend
CEO approval
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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
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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