SAN JOSE, Calif., Oct. 27, 2016 /PRNewswire/ -- Cadence (NASDAQ:
CDNS) today announced it has been named number 15 on the 2016 list
of the World's Best Multinational Workplaces according to global
research and consulting firm Great Place to Work® and Fortune
magazine.
The ranking is a result of the company's global achievements,
appearing in Great Place to Work lists in Canada, Greater
China, France, Germany, India, Ireland, Korea, Poland, the United
Kingdom and the United
States. Cadence moved up from number 21 on the list in
2015.
"I'm very proud that Cadence has been ranked as a World's Best
Multinational Workplace for the second year in a row," said Lip-Bu
Tan, Cadence president and CEO. "I am so enthusiastic about our
strong company culture, which carries across every office around
the globe. The people at Cadence are an important strategic
differentiator driving innovation, customer commitment and
ultimately our business success."
To achieve the ranking, more than 1700 Cadence employees
provided testimonials and feedback about their jobs, managers,
teammates, opportunities for growth and benefits, among other
factors. Consistently across the globe, employees say they are
proud to work at Cadence for the camaraderie they enjoy with their
coworkers and because they appreciate the impact of the work they
do.
Great Place to Work research shows the number of organizations
around the world named as a Best Workplace—or that have met the
minimum standard of a great workplace—has almost doubled since
2011. Roughly 2200 workplaces employing roughly 6.1 million people
achieved that distinction in 2011. In 2016, the number of great
workplaces has reached approximately 4100, with a total of about
6.9 million employees.
"These organizations are well known because of their brand
strength and success around the globe. But behind these successful
companies are high-trust workplaces where the vast majority of
employees feel valued, well treated and that their work makes a
difference," said Kim Peters,
executive vice president of Great Place to Work. "Appearing on the
list of Best Multinational Workplaces for the second year in a row,
Cadence has shown a real commitment to creating an outstanding work
environment worldwide. Congratulations to Cadence and all the
globally great organizations!"
See the full list of the World's Best Multinationals at
www.greatplacetowork.net.
About Cadence
Cadence enables global electronic design innovation and plays an
essential role in the creation of today's integrated circuits and
electronics. Customers use Cadence software, hardware, IP and
services to design and verify advanced semiconductors, consumer
electronics, networking and telecommunications equipment, and
computer systems. The company is headquartered in San Jose, Calif., with sales offices, design
centers and research facilities around the world to serve the
global electronics industry. More information about the company,
its products and its services is available at www.cadence.com.
About Great Place to Work
Great Place to Work is the global authority on high-trust,
high-performance workplace cultures. Through proprietary assessment
tools, advisory services, and certification programs, including
Best Workplaces lists and workplace reviews, Great Place to Work®
provides the benchmarks, framework, and expertise needed to create,
sustain, and recognize outstanding workplace cultures. In
the United States, Great Place to
Work® produces the annual Fortune "100 Best Companies to Work For®"
and a series of Great Place to Work® Best Workplaces lists,
including lists for Millennials, Women, Diversity, Small and Medium
Companies and over a half dozen different industries.
© 2016 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.
Cadence Newsroom
408-944-7039
newsroom@cadence.com
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SOURCE Cadence