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      PTC

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      PTC reviews

      Too many layoffs... - Software Development PTC Employee Review

      2.0
      22 May 2013
      Software development
      Recommend
      CEO approval
      Business outlook

      Pros

      Great, really bright R&D people; Vacation/sick time policy; Great experience; Gym; Flexible hours.

      Cons

      Permanent layoffs. What's the point in creating a good project if you have a very good chance to be laid-off upon completion it? My prediction is that Pro/Engineer is not going to be developed anymore: not enough people anymore. What will happen with revenue?

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      4.0
      21 May 2026
      Product manager
      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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