High on IoT, short on employee loyalty - Director of Product Management PTC Employee Review

2.0
Apr 18, 2016
Recommend
CEO approval
Business Outlook

Pros

While the strategy of the company's changing, their new focus on IoT is spot-on. They are trying to change a legacy software company into software development tool company surrounding all things IoT. You get to work some very smart people who are passionate about their jobs.

Cons

The company lacks loyalty towards their resources with contestant lay-offs and then immediately hiring from the outside. The culture of the comaonly is too title oriented. Your title is the basis of how well your ideas are listened to and embraced. All compensation is title based.

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5.0
Jun 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Growing company that moves like a startup

Cons

Many acquisitions, constant state of change

4.0
Jun 17, 2026
Recommend
CEO approval
Business Outlook

Pros

the company overall is great to work for, people, benefits, etc.

Cons

the biggest con is pay is below market for this role.

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