Deceptive company, if you are in the software industry RUN don't walk to another opportunity - werkgeversreview Anonieme werknemer bij PTC

1,0
19 apr 2015
Anonieme werknemer
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Steady paycheck, industry standard time off policy matching 401k and healthcare benefits

Minpunten

Overworked colleagues, endless layoffs causing the remaining employees to pick up the slack, the net result is more overwork and stress and lower quality software. This cycle repeats itself continuously. Here is the illustration of "deceptive". In the last "town hall" meeting the CEO told everyone how great things were going (no mention of layoffs). In the following week there was a meeting with divisional VP's telling everyone layoffs were coming. The devastating (from a resource and morale perspective) layoffs came. Meanwhile everyone is still waiting for merit increases that management promises are coming in July. Of course merit increases won't be retroactive. As usual the executive bonuses are on the backs of regular employees who don't get the giant bonus checks or even fair merit increases. The never ending layoffs, poor pay and executive dishonesty contribute to low morale.

Ontdek andere reviews over PTC

5,0
5 jun 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Great place to work and play

Minpunten

More travel than I expected.

4,0
21 mei 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

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.

Minpunten

Mid-level exec leaders, VP level, are still very political. Salaries are way below average.

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