Cadence Named by Fortune and Great Place to Work as One of 2024’s 100 Best Companies to Work For, Ranking No. 9

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Fortune and Great Place To Work named the company to the Fortune 100 Best Companies to Work For List.

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Dr. Anirudh Devgan, president and CEO of Cadence, said, “Today, Cadence reached an important milestone. Being recognized among the Top 10 best companies to work for is an honor and an achievement. This affirms our belief that culture drives business success and that Cadence is truly a unique place for people to build meaningful careers.”

The 100 Best Companies to Work For list focuses on how employees feel about their workplace. Great Place To Work evaluates confidential feedback from employees, matching against HR data from participating companies. Only companies with consistently high survey responses across the 60 questions that comprise the Trust Index Survey are honored with placement on the list.

“When people ask about what sets the Best Companies apart from their competitors, it’s one key ingredient: trust,” said Michael C. Bush, CEO of Great Place To Work. “When employees trust their leaders, their colleagues and the organization, they become empowered to reach their full potential.”

The Fortune 100 Best Companies to Work For List is highly competitive. Great Place To Work, the global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback from more than 1.3 million U.S. employees. Companies are only considered for the list if they are Great Place To Work Certified organizations with 1,000 or more employees in the U.S.

In the past year, Cadence was recognized as a Great Place To Work in a number of countries around the world, including Brazil, China, Finland, France, Germany, India, Ireland, Japan, Korea, Poland, Singapore, Sweden, Taiwan and the UK. Cadence was also recognized as a World’s Best Workplace and regionally as a Best Workplace in Asia and a Best Workplace in Europe.

The Fortune World’s Best Workplaces list is published at https://fortune.com/ranking/best-companies/.

About Cadence

Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware, and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial and healthcare. For 10 years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.