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.

Explore other reviews about PTC

5.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Good benefits Work life balance

Cons

Organizational structure changes Low growth internally

4.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Flexible, great colleagues, good HR training on goals and objectives

Cons

Depends on the group, toxic culture pockets exist, abusive and bullying behavior is laughed at and accepted rather than corrected, unclear strategy, business unit level vision is lacking, no accountability, several HR complaints against a manager go unaddressed, slow to change, can be chaotic, more interest in checking the box than hitting the right mark.

1
See reviews by: Helpful|Rating|Date|All