PTC's only strategy: Layoff 10% of the workforce every 6 months - Analyst PTC Employee Review

1.0
Nov 7, 2015
Recommend
CEO approval
Business Outlook

Pros

PTOs. flexible work from home schedule. A few smart and talented people.

Cons

No opportunity for growth. Layoffs announced every 6 months. Low morale. Low salary. Clueless management with no accountability, Shift in company direction and strategy every other month. Nepotism. No recognition or promotions for people who deserve it. Too much politics in the office. People only promote their friends.

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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