Annual layoffs became company’s trademark - Customer Success Manager PTC Employee Review

2.0
Nov 19, 2021
Recommend
CEO approval
Business Outlook

Pros

Good benefits Good work-life balance Beautiful office in Seaport

Cons

-Salaries don’t meet the average standards in Boston metro area - Leadership positions dominated by white men. Men are promoted over women and most mid and senior management roles are held by white men - Layoffs happen every year. In November the company laid off a lot of people to save $60 M. Great employees were let go. This tanked existing employees’ morale. It is PTC constant way to save money and shows poor planning. They hired a lot if people less then a year ago and many of them were let go a few months later -talking about diversity seems to be a lip service. Not much diversity at all

Explore other reviews about PTC

5.0
Jun 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Growing company that moves like a startup

Cons

Many acquisitions, constant state of change

4.0
Jun 17, 2026
Recommend
CEO approval
Business Outlook

Pros

the company overall is great to work for, people, benefits, etc.

Cons

the biggest con is pay is below market for this role.

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