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

2.0
19 Nov 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
11 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Growing company that moves like a startup

Cons

Many acquisitions, constant state of change

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