Cadence Design Systems

  www.cadence.com
  www.cadence.com

Cadence Design Systems Reviews

Updated November 19, 2014
Updated November 19, 2014
349 Reviews
3.5
349 Reviews
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Cadence Design Systems President and CEO Lip-Bu Tan
Lip-Bu Tan
153 Ratings

Review Highlights

Pros
  • Excellent work life balance and home office provisions and flexibility (in 45 reviews)

  • great work life balance, good work environment (in 26 reviews)


Cons
  • Due to many years of downsizing there is not much work life balance if you are in HR or finance (in 11 reviews)

  • Distant people, lack transparency, arrogant middle management, very little opportunity (in 11 reviews)

More Highlights

Employee Reviews

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  1.  

    Poorly managed company seeking to improve on years of poorly executed strategy.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cadence Design Systems full-time (more than 5 years)

    Pros

    Good number of motivated and caring people. Most employees want the company to succeed and put the time and effort to do their best work.

    Cons

    No work-life balance Constant fear of lay-off or reorg. No stability. Senior management micromanages to the point of suffocation. Years of failed strategy has kept the company from being successful.

    Advice to ManagementAdvice

    Allow employees to perform their job duties without micromanagement. Work-life balance is critical to retaining a team of motivated employees

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 4 people found this helpful  

    If you are an IT professional, don't look here.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Director in San Jose, CA
    Former Employee - IT Director in San Jose, CA

    I worked at Cadence Design Systems full-time (more than 10 years)

    Pros

    Team work at the front line level is outstanding, but mostly because they are the only people you can count on.

    Cons

    Politics and hidden agendas. To say that IT leadership is lacking would be an insult to the word lacking. The new CIO and the cronies he has brought along with him have destroyed what was once an outstanding group of professionals. Outsourcing, lack of communication, and unrealistic expectations-bordering on incompetence are now the orders of the day.

    Advice to ManagementAdvice

    Take a hard look at the morale of your IT department and actually speak to the long time dedicated employees you have left before they jump ship.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Nuetral

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - SMCA in San Jose, CA
    Former Employee - SMCA in San Jose, CA

    I worked at Cadence Design Systems full-time (more than 10 years)

    Pros

    cutting edge technology, good benefits

    Cons

    poor compensation,difficult to get promotions

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  5. 8 people found this helpful  

    Some Good, Some Bad, and Some Ugly.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in San Jose, CA
    Current Employee - Anonymous Employee in San Jose, CA

    I have been working at Cadence Design Systems full-time (more than 10 years)

    Pros

    -Executive Team means well, tries hard, and has succeeded in turning the company around in revenue, customer gains, and industry perception. (with the help of very hard-working employees.)
    -Decent base salary, if you are an engineer or manager/director/VP. (Not so much in non-revenue producing areas, such as IT, HR, RE, etc.)
    -Rewards and Recognition system that makes it easy to reward your fellow employees for outstanding work. (although, with a fairly small dollar amount.)
    -#2 in industry market, with definite possibility of regaining #1 spot. (albeit out of only 3 main players.)
    -Stock price has consistently risen in recent years.
    -Conveniently located in North SJ near many major freeways.
    -Plenty of parking.

    Cons

    -Top-layer-heavy. Lots of managers, directors, and VP's. Not enough actual "doers".
    -Hiring from outside for management positions rather than promoting from within.
    -Recently changed bonus plan structure so that doing a good job and achieving your goals in helping the company succeed will only get you 70-90% of your target bonus amount. To get 100%, you need to exceed them.
    -Mandatory vacation periods ("shutdowns" where the company is not actually shut down.)
    -Company does not subsidize cafeteria or breakroom, so meals and snacks are expensive.
    -Fitness center is old and worn, even though company charges employees $20/mo to use it.
    -Not very "green".
    -Cost-cutting is job one.
    -C-level push for "Top 100 Best Place to Work" status, without actually doing anything to make it one.

    Advice to ManagementAdvice

    If you want to be a 100 Best Place to Work, then BE a 100 Best Place to Work. (Simply asking the employees to fill out surveys is not good enough.) :
    -Subsidize the cafeteria so employees do not pay $10 or more for lunch.
    -Improve the break rooms to provide healthy choices in the vending machines, and price them AT COST. The break rooms should not be revenue centers. (Why can I buy a bottle of water at Costco for 50c, and it costs me $1.25 at work?)
    -Stop charging a fee for the fitness center. You should be promoting healthy behavior. It saves the company money by having fewer sick days, and also lowers health insurance costs. (If you are going to charge for it, then refresh and modernize it.)
    -Stop charging a fee to use the electric vehicle charging stations. You should be promoting responsible environmental behavior among your employees, not making money from those who do.
    -Stop viewing cost-cutting as the primary metric of success. The company is growing.
    -End the forced vacation period policy.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Good, but trying to define its culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technology Business Manager in San Jose, CA
    Former Employee - Technology Business Manager in San Jose, CA

    I worked at Cadence Design Systems full-time (more than 10 years)

    Pros

    Great opportunities to work on newest software products in electronic design automation to tackle the increasing process rule complexities.

    Cons

    Limited growth opportunities and lacking younger employee balance

    Recommends
    Positive Outlook
    Approves of CEO
  7. 4 people found this helpful  

    Started awesome ended in a whimper

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cadence Design Systems full-time (more than 10 years)

    Pros

    The people are very talented, especially the individual contributors. A lot of the infrastructure is very cutting edge due to the previous IT leadership.

    Cons

    Lots and lots of re-organizations. In 13+ years, there was an annual "RIF" in 10 of them every October/November. Leadership at the top changed over 5 times. A significant amount of in-fighting between various business groups. Additionally, there were integrity issues.

    Advice to ManagementAdvice

    Time to prep the company to be acquired. IBM, Intel, ... some company that has stable leadership, vision, and resources in place to execute. Since Joe C. left, the company has foundered....its like a ship taking on water with a broken rudder in the middle of the pacific.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    OK Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Cadence Design Systems full-time (more than an year)

    Pros

    Decent pay/benefits
    Experienced executive team
    Strong financial performance

    Cons

    Revised bonus plan
    Communication on projects is lacking
    Job training is lacking

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    An average company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Applications Engineer in Austin, TX
    Current Employee - Applications Engineer in Austin, TX

    I have been working at Cadence Design Systems full-time (more than an year)

    Pros

    Great visibility, great service to customer take good care of customer. Challenging opportunity. Great culture. Great teamwork. Many opportunities to move up

    Cons

    Many reorganization, rule changes that employee get confuse and hard to follow procedures. Management change every quarter. Treat AE like hourly labor. Pay stuff has hourly rate. All AE has to fill out time card and exact activities which bonus pay count toward customer's time spent. Any internal activity is discourage including provide training and getting training. This result overwork long hours to meet demand on all that ask employee to do

    Advice to ManagementAdvice

    Clean up sales management not to ask for FAE to provide internal COS error messages every quarter, time consuming tedious internal tasks such as fill out time card and then not pay bonus for the hour spends to help other team members

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10.  

    Great people, lots of opportunities to grow and good pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in San Jose, CA
    Former Employee - Manager in San Jose, CA

    I worked at Cadence Design Systems full-time (more than 10 years)

    Pros

    Cadence is a good company with above average salary packages. The environment overall allows for constant learning and the ability to work on new things. The executives seem to be on the same page and driven towards a common goal.

    Cons

    Due to many years of downsizing there is not much work life balance if you are in HR or finance. If you are not a self starter you will be left behind and not last long. Once you make it to Sr, Director its very hard to advance.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Challenging and interesting work place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Project Manager in San Jose, CA
    Former Employee - Senior Project Manager in San Jose, CA

    I worked at Cadence Design Systems full-time (more than 10 years)

    Pros

    Job is well compensated and outstanding work is recognized and rewarded. Good benefits and perks.

    Cons

    Work-life balance needs to considered as a global company, people in IT are extended to work OT to meet international time zone needs. 8pm PST meetings is not uncommon.

    Advice to ManagementAdvice

    Need to pay more attention to line-level workers needs as issues and concerns are masked/filtered by mid-level management.

    Recommends
    Positive Outlook
    Approves of CEO

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