Pros
PTC has great people who work for the company and are passionate about their day-to-day activities that they are responsible for. I think the people have a passion for making PTC's customers successful, but not necessarily for PTC as a corporation to "win" - which is a term often used by executives to describe how the overall company is doing. Depending on your job role you can have a good amount of autonomy to set your own schedule and goals - of course as long as they generally align with your management's desired outcomes.
Cons
The company strategy seems too focused on the current quarter's profits. Pay and benefits are declining while profits are up at record levels and increasing quarter by quarter. There is a relatively low level of morale among the employees when considering the overall company direction and how well they are treated by the corporation. The executives seem to run the company in a fly-by-the-seat-of-their-pants manner where the company "strategy" changes every couple of quarters based on the desire to chase the hottest new trend while neglecting the company's core strengths of CAD and PLM.