We Shall Destroy What We Acquire - Vice President PTC Employee Review

1.0
Mar 14, 2017
Recommend
CEO approval
Business Outlook

Pros

The place use to have very smart and hard working people, Collaborative Environment.

Cons

Where do I start: - CEO clearly lacks a vision for the compnay. He mainly cares about cashing and selling stocks, or signing autographs for his HBR articles - CFO came with the vision of laying off a lot people to save money - No real culture - No innovation in PLM and CAD (Core Products the company) since they are underfunded, with no one is left to fix bugs. - Acquisitions in the last 10 years destroyed so much values and good companies ( e.g. Arbortext)

Explore other reviews about PTC

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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