“PTC's New Mantra, "We are IoT" - "We are the Institute of Terminations"! Laying off another 450-600 Employees! - Anonymous employee PTC Employee Review

1.0
Apr 20, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

None- Why would anyone want to work for a company that predictably has layoffs each Quarter? Only way PTC knows how to make it's revenue number each quarter is either through acquisition or layoffs!

Cons

Expect layoffs each Quarter! Even current employees who have not been on the Selected For Layoff List are looking for new opportunities outside of PTC.

Explore other reviews about PTC

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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