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

1.0
6 Feb 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

4.0
21 May 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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