Cadence makes the list for the fifth consecutive year in 2019
SAN JOSE, Calif.–(BUSINESS WIRE)–Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced that Fortune
and global research and consulting firm Great Place to Work®
have named Cadence #73 on the 2019 Fortune “100 Best Companies to Work
For®” list. This is the fifth consecutive year that Cadence
has been included on the list. The inclusion of Cadence on this list
reflects its dynamic and inclusive company culture, where employees are
passionate about creating innovative technology and driving customer
For more information on the Cadence 2019 Fortune 100 Best Companies to
Work For recognition, please visit http://fortune.com/best-companies/cadence-design-systems/.
“Building a high-performing culture has been a priority since I joined
Cadence in 2009, and it’s an honor to be recognized for our strong
culture for a fifth year in a row,” said Lip-Bu Tan, CEO of Cadence.
“Over our 30-year history, Cadence employees have driven our success by
solving the world’s toughest technological challenges and demonstrating
their unwavering commitment to our customers. By tackling transformative
trends such as machine learning, we’re continuing to fuel our
high-performance culture and enabling customers to develop the most
The 100 Best Companies is one of a series
of rankings by Great Place to Work and Fortune based on employee
feedback from Great Place to Work-Certified™ organizations.
Cadence was also ranked as a Best Workplace in the Bay Area and as a
Best Workplace for Giving Back by Great Place to Work and Fortune.
Additionally, Cadence has been recognized as a Great Place to Work in a
number of regions around the world including Brazil (Minas Gerais),
Canada, Europe (overall), France, Germany, Greater China, India,
Ireland, Italy, Korea, Poland and the United Kingdom. As a result of
these achievements, Cadence was ranked as number 15 on the 2018 list of
the World’s Best Multinational Workplaces last October.
This year marks the 22nd anniversary of the Fortune “100 Best
Companies to Work For” list, and the 2019 winners continue to show that
a high-trust culture for all fuels better business results. Great Place
to Work research shows that list winners keep outperforming the stock
market, beating industry rivals when it comes to talent retention and
demonstrating higher levels of productivity than peers.
list is based on survey feedback representing more than 4.3 million
employees, with respondents rating their workplace culture on 60-plus
elements of the workplace. These include trust in managers,
compensation, fairness, camaraderie and workplace traits linked to
innovation. The ranking accounted for the experiences of all employees
including women, people of color, LGBT individuals, older team members,
and disabled employees.
“The 2019 100 Best are the leaders in creating the most innovative
workplaces built on trust,” said Michael C. Bush, CEO of Great Place to
Work. “Employees at these organizations feel valued, respected and
heard, and are inspired to be their best selves because of the
commitment these winning companies have made to creating a great
workplace for all employees, no matter who they are or what they do for
Cadence enables electronic systems and semiconductor companies to create
the innovative end products that are transforming the way people live,
work and play. Cadence’s software, hardware and semiconductor IP are
used by customers to deliver products to market faster. The company’s
System Design Enablement strategy helps customers develop differentiated
products—from chips to boards to systems—in mobile, consumer, cloud
datacenter, automotive, aerospace, IoT, industrial and other market
segments. Cadence is listed as one of Fortune Magazine’s 100 Best
Companies to Work For. Learn more at cadence.com.
About The Fortune 100 Best Companies to Work For
Great Place to Work based its ranking on a data-driven
methodology applied to anonymous Trust Index™ survey
responses from more than 310,000 employees at Great Place to
Work-Certified organizations with more than 1,000 employees. To learn
more about Great Place to Work Certification and recognition on Best
Workplaces lists published with Fortune, visit greatplacetowork.com.
About Great Place to Work
Place to Work is the global authority on high-trust,
high-performance workplace cultures. Through its certification
programs, Great Place to Work recognizes outstanding workplace
cultures and produces the annual Fortune “100 Best Companies to Work
For” and Great Place to Work Best Workplaces lists for Millennials,
Women, Diversity, Small and Medium Companies, industries and,
internationally, countries and regions. Through its culture
consulting services, Great Place to Work helps clients create great
workplaces that outpace peers on key business metrics like revenue
growth, profitability, retention and stock performance.
© 2019 Cadence Design Systems, Inc. All rights reserved worldwide.
Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks
are trademarks or registered trademarks of Cadence Design Systems, Inc.
All other trademarks are the property of their respective owners.
For more information, please contact: