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Axeda

Acquired by PTC

Is this your company?

Good product, horrible management - Anonymous employee Axeda Employee Review

2.0
23 Dec 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good product; decent pay; flexible schedule; smart people working there (mostly)

Cons

tenured staff has tendency to talk down to newer staff; new management came in earlier this year and laid off a bunch of good people for false reasons; overall morale is low and people are scared for their jobs (not a good thing!!). New managements goal is to make the company attractive so it can be bought - which also leads to people wondering about their jobs for the future. If bought, new management team will leave (that's what they do) and a newer mgmt team will come in. very unstable.

Explore other reviews about Axeda

5.0
6 Mar 2017
Recommend
CEO approval
Business outlook

Pros

Super group of smart people. Good direction from management, great product.

Cons

Grew the company to sell it. Not enough equity for regular employees to make them excited about the sell off.

1
4.0
5 May 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

fast paced atmosphere with great people

Cons

leadership changes had negative impact on culture

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