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 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.

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