PTC reviews

4.1

88% would recommend to a friend

(2,792 total reviews)
avatar

Neil Barua

84% approve of CEO

81% positive business outlook

PTC has an employee rating of 4.1 out of 5 stars, based on 2,792 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The PTC employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.7 stars).

Reviews by job title

3K reviews
1.0
Feb 21, 2013
Recommend
CEO approval
Business Outlook

Pros

I've survived roughly 15 layoffs over the past 7 years. Probably because my salary is below market.

Cons

New CEO has a multimillion dollar bonus tied to EPS growth. The plan to acheive this is through constant layoffs, elimination of merit increases and other random reductions.

3.0
Feb 7, 2025
Recommend
CEO approval
Business Outlook

Pros

Overall good experience. Offer good work-life balance, however the unspoken expectation is for you to work sunrise hours or after hours to go "above and beyond". You have to be a self-starter to build your own network within the company to be successful. Great PTO benefits, health plans could be better.

Cons

PTC operates in silos, it is hard to collaborate with anyone. New CEO changed the company from an innovative focus to purely numbers focused. Constant re-organizations and lay-offs. They advertize education assistance but it will constantly be "paused" due to various reasons or they won't approve application. They advertise competitive salaries but they are far from it and merit increases (if they happen), are minimal and insulting. No promotions or role changes from within the company even if you express interest, they will go through lay offs and hire externally. Executive Leader of DEI is white, middle-aged male.

4.0
Oct 11, 2023
Recommend
CEO approval
Business Outlook

Pros

The benefits are good. My immediate boss is great. The core products are great.

Cons

This company has champagne taste and a beer budget when it comes to R&D. Management is always focused on the next shiny object and most recent acquisition. They don't invest in R&D to the level needed to achieve their vision. I'm still doing the work of 5 people from the cuts that were done 2 years ago. Everything is understaffed and underfunded.

Viewing 169 - 171 of 2,792 Reviews

Glassdoor has 3,264 PTC reviews submitted anonymously by PTC employees. Read employee reviews and ratings on Glassdoor to decide if PTC is right for you.