Good company but constant layoffs - Anonymous employee PTC Employee Review

3.0
Oct 19, 2012
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great work-life balance Great team members Overall good work

Cons

Off late no one feels their job is safe. The downsizing is handled very erratically. One cannot know whether it is performance related, cost cutting, or any other factor. Junior level, senior level, top level - we have seen layoffs in all areas on a regular basis. Very very demoralizing. The company is losing its credibility as a peoples company.

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5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great place to work and play

Cons

More travel than I expected.

4.0
May 21, 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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