First Class People, Second Class Products, Class-less Strategy - Anonymous employee PTC Employee Review

2.0
Aug 29, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Quick and fast paced environment. Great People (although they are leaving in droves). Some technologies actually work.

Cons

No coherent product-strategy. Acquisitions reminds of a spoilt child at a do-it-yourself store, buying a few things and scrapping what could not be made sense of. Zero focus on customer or employees. Some employees had reduction in base salary and an increase in variable pay to show net increase. Dog-eat-dog culture. NO work-life balance.

Explore other reviews about PTC

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great place to work and play

Cons

More travel than I expected.

4.0
May 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Great people, customers, products. The culture has improved significantly over the past 5 years or so, and now feels like a relatively modern software company. Exec leadership is very good, Neil is fantastic.

Cons

Mid-level exec leaders, VP level, are still very political. Salaries are way below average.

See reviews by: Helpful|Rating|Date|All