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 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.

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