There are newer employer reviews for Cadence Design Systems

1 person found this helpful  

Not poised for a strong rebound. More like a strong exodus.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Senior Member Consulting Staff
Current Employee - Senior Member Consulting Staff

I have been working at Cadence Design Systems

Pros

Cadence is an industry leader. Well recognized brand name. Good tools for software development.

Cons

Cadence has poor financial management and is top heavy. Very short-sighted layoffs. Refuses to divest from unprofitable products. Multiple years of missed raises, missed bonuses.

Advice to ManagementAdvice

Take better care of the individual contributors. The track record is that the executive staff reaps huge rewards and the expense of those at the bottom of the food chain.

Doesn't Recommend
Disapproves of CEO

344 Other Employee Reviews for Cadence Design Systems (View Most Recent)

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  1. 1 person found this helpful  

    AE Manager

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

    I have been working at Cadence Design Systems

    Pros

    Good technology and excellent motivated people. The company has made some very good technical decisions. The software is extremely competitive in the marketplace.

    Cons

    Huge financial mistakes made by senior management. The repercussions of decisions over the last few years have caused the company to downsize significantly and it is becoming more and more difficult to support customers. Everyone is working at 200% and there is simply no more room to reduce. These reductions are adversely affecting customers and software development.

    Advice to ManagementAdvice

    Stop letting good people go or there won't be a company left soon. Someone needs to decide that the people are the heart of the company and not the bank account.

    Disapproves of CEO
  2.  

    Many failed campaigns to beat Synopsys.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager
    Current Employee - Manager

    I have been working at Cadence Design Systems

    Pros

    Motivated technical people with challenging and interesting work. Good salary and benefits. Ability to directly talk to customers from all levels of the organization.

    Cons

    Top heavy management organization. One size fits all mentality. Marketing group is AWOL. Management has damaged the brand. Outsourcing but claiming it is to be "closer to the customer".

    Advice to ManagementAdvice

    Flatten the organization by removing layers from the top. Kill off niche products and re-invest in the promoting and developing the remaining product set.

    Doesn't Recommend
    Disapproves of CEO
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