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

2.0
18 Apr 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.

Explore other reviews about PTC

5.0
5 June 2026
Recommend
CEO approval
Business outlook

Pros

Great place to work and play

Cons

More travel than I expected.

4.0
21 May 2026
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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