Fortune and Great Place To Work Name Cadence One of the World’s Best Workplaces in 2023, Ranking #9

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Cadence Design Systems, Inc. announced that Fortune magazine and Great Place To Work® have honored the company as one of the 2023 World’s Best Workplaces™ for the eighth time, ranking Cadence #9. These 25 global leaders were selected from organizations that participated in Great Place To Work’s employee survey process, representing the voices of 14.8 million employees worldwide. The 25 World’s Best Workplaces stood out for creating globally exceptional employee experiences, high-trust relationships, and workplaces that are fair and equal for all.

Dr. Anirudh Devgan, president and CEO of Cadence, said, “Cadence is committed to fostering a high-performance, inclusive culture. Cadence being recognized as a World’s Best Workplace for the eighth year in a row is a testament to our employees’ commitment to our One Cadence – One Team culture. Over the past year, our team has created positive change through our Cadence Giving Foundation, ESG goals and our participation in Great Place To Work’s Great Transformation initiative. I want to thank every employee for their unwavering commitment as we accelerate innovation, exceed customer expectations, support our communities and celebrate diversity.”

The Fortune World’s Best Workplaces list is highly competitive. Great Place To Work, the global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback. Companies were only considered if they were already a Great Place To Work Certified™ organization.

Great Place To Work is the only company culture award in the world that selects winners based on how fairly employees are treated. Companies are assessed on their ability to create a great employee experience that cuts across race, gender, age, disability status or any aspect of employee identity or job role.

“Being a global employer comes with immense responsibility to people and to the planet,” says Michael C. Bush, CEO of Great Place To Work. “These extraordinary companies are having an incredible impact, supporting their people and fighting for fairer, safer and healthier communities around the globe. When you empower people to work with purpose, they reward you with innovation and performance—and help create a better world for all of us.”

“This global list followed a rigorous process, one that assures that employees have spoken about what they think are exceptional workplaces where they feel trusted, empowered and energized to do their best work,” says Alyson Shontel, editor in chief of Fortune.

In 2023, Cadence also ranked as a Great Place To Work in Brazil, Canada, China, Finland, France, Germany, India, Ireland, Korea, Singapore, Sweden, Taiwan, and in the United States, where the company was named one of Fortune’s 100 Best Companies to Work For. Cadence also achieved regional recognitions as a Best Workplace in Asia and a Best Workplace in Europe.