Pros
The pay was adequate, but not outstanding. I worked in a field office, so I avoided a lot of the corporate politics. Solid/smart people in some (but not all) product lines. Flexible work schedule.
Kontras
Vision: The company has no vision and constantly shifting priorities. Even when your product line is a priority, PTC is unwilling to invest additional resources or money. Cheap: PTC (and many of its acquisitions) has under-invested in its product lines for years. As a result, they are increasingly also-ran solutions. Bloated: There are a LOT of layers of management, with each one adding additional wastefullness and meetings. Lumbering: There is no urgency to anything, and they waste a lot of their resources on ridiculous things. Considering PTC is stingy in their resource allocation, these people wasting time on dead-end projects could be used elsewhere. Not-invented-here: There is a lot of re-inventing the wheel, especially in the R&D groups. Why adopt a popular open source framework when you can create one from scratch? Nepotism: Many of the SVP, EVP and DVPs have children, siblings, or spouses working at the company. I'm skeptical that they were the best people for the job. Meetings and Committees: There are far, far too many poorly run, unfocused meetings. Not sure what to do? Create a committee to sit around and *also* not decide anything. IT: My office had to *beg* for new laptops. IT is completely non-responsive unless you are in Needham. Career: Limited career growth opportunities outside of Needham. If you want to grow your career, you need to move to Needham or quit. Hiring: Forced to use the Needham-based recruiters, who are fresh out of college. They mostly just posted the job to LinkedIn and searched for keywords. The quality of candidates was poor.