Cadence Design Systems - Not poised for a strong rebound. More like a strong exodus. | Glassdoor
There are newer employer reviews for Cadence Design Systems
There are newer employer reviews for Cadence Design Systems

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Helpful (1)

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

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Member Consulting Staff
Current Employee - Senior Member Consulting Staff
Doesn't Recommend
Disapproves of CEO

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 Management

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.

Other Employee Reviews for Cadence Design Systems

  1. Helpful (2)

    "Cadence - where is it going?"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Former Member of Product Team
    Former Employee - Former Member of Product Team
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Many leading-edge products
    Great talent
    Nice building

    Cons

    No communication - how Cadence is going to recover
    Same Board in place that supported Fister/et. al. and their financial-reporting/Buy-Mentor fiascos
    Too many people feeling no home/work balance, just make impossible happen.

    Advice to Management

    Need to rebuild presence as market-leader
    Value the talent that is left - they are the key to future success
    Take heed to what other companies discovered about the downside of offshoring


  2. "Many failed campaigns to beat Synopsys."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager
    Current Employee - Manager
    Doesn't Recommend
    Disapproves of CEO

    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 Management

    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.

There are newer employer reviews for Cadence Design Systems
There are newer employer reviews for Cadence Design Systems

See Most Recent

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