Cadence Named by Fortune and Great Place to Work as One of 2024’s 100 Best Companies to Work For, Ranking No. 9
Rhea-AI Summary
Cadence has been named by Fortune and Great Place to Work as one of the 100 Best Companies to Work for in 2024, ranking No. 9. This marks the 10th consecutive year that Cadence has received this recognition. The company's president and CEO, Dr. Anirudh Devgan, highlighted the significance of this achievement and emphasized the importance of a positive workplace culture. The selection process for the list involves evaluating employee feedback and HR data, with a focus on trust and employee empowerment. Cadence has also received recognition as a Great Place to Work in multiple countries and regions worldwide.
Positive
- None.
Negative
- None.
News Market Reaction – CDNS
In the trading session that priced this news, CDNS declined 2.43%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Cadence celebrates its 10th year in a row on the prestigious list of outstanding workplaces
NORTHAMPTON, MA / ACCESSWIRE / April 30, 2024 / Cadence announced that Fortune and Great Place To Work® named the company to the Fortune 100 Best Companies to Work For®List.
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/.
View additional multimedia and more ESG storytelling from Cadence Design Systems on 3blmedia.com.
Contact Info:
Spokesperson: Cadence Design Systems
Website: https://www.3blmedia.com/profiles/cadence-design-systems
Email: info@3blmedia.com
SOURCE: Cadence Design Systems
View the original press release on accesswire.com