“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.

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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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