Cadence Design Systems, Inc. (Nasdaq: CDNS) announced that Fortune magazine and Great Place to Work^® have honored the company as one of the 2021 World’s Best Workplaces^™ for the sixth time. This year, Cadence ranked 17. The 25 World’s Best Workplaces were selected from organizations that participated in Great Place to Work’s employee survey process, representing the voices of 19.8 million employees worldwide. These workplaces stood out for creating globally exceptional employee experiences, high-trust relationships and workplaces that are fair and equal for all.

Anirudh Devgan, president and incoming CEO of Cadence said, “The recognition is a testament to the hard work of our employees and our commitment to a One Cadence—One Team culture. Throughout the ever-changing and challenging nature of the pandemic, our team has remained focused and resilient. This award reflects the many Great Place to Work recognitions we have received globally, and I want to thank every employee for their determination as we accelerate innovation, delight our customers, support our communities and celebrate diversity.”

Michael C. Bush, CEO of Great Place to Work said, “In a global workforce, alignment is everything, and these companies are fortifying their culture around the world—a nearly impossible feat. Even when tested by the pandemic, these companies recognize sub-communities in each region and their leaders carry an equitable employee experience across cultures. A huge congratulations to the World’s Best in 2021.”

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 how well they are creating a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is.

In 2021, Cadence also ranked as a Great Place to Work in Brazil, Canada, China, France, Germany, India, Ireland, Italy, Korea, Singapore, Sweden, Taiwan, the United Kingdom, and in the United States, where we received recognition as one of Fortune’s 100 Best Companies to Work For. Cadence received regional recognition as a Best Workplace in Asia and a Best Workplace in Europe. The Fortune World’s Best Workplaces list is available at https://www.greatplacetowork.com/best-workplaces-international/world-s-best-workplaces/2021.

About Cadence

Cadence is a pivotal leader in electronic 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 systems for the most dynamic market applications, including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. For seven years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

About the World’s Best Workplaces

Great Place to Work^® selected the World’s Best Workplaces^™ by gathering and analyzing confidential survey responses from more than 20 million employees worldwide at Great Place to Work-Certified^™ organizations. Organizations are assessed on their efforts to create great workplaces and positively impact people and communities across multiple countries around the world. Companies must have appeared on at least five Best Workplaces lists in Asia, Europe, Latin America, Africa, North America, or Australia during 2020 or early 2021; and have at least 5,000 employees worldwide, with 40% outside of its headquartered country. Read the full methodology.

To be considered, all companies use the Great Place to Work Trust Index^™ survey. To get on this list next year, start here.

About Great Place to Work

Great Place to Work^® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All^™.

Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.

© 2021 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

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