What the hell is going on here? - Anonymous employee PTC Employee Review

2.0
26 Jan 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Until last month, I thought that this was the best place that I have ever worked at. Great technology, rock star CEO, great benefits. The transformation of the company has led to the stock doubling in value in two years. However, there have been a few changes over the last few months that are really hurting morale.

Cons

While other companies are giving their employee bonuses because of the tax cut, PTC has decided to cut home based employees internet, cell phone, and land lines and replace them with a $25 stipend, while expecting those employees to continue to use those services to conduct company business. This has created a huge issue for employees and a huge amount of company time is being wasted discussing this.

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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