Cadence Design Systems

The company has good facilities, free food, free transportation, and big wages for older employees.

• Greek VP decides himself with some Directors the development which is mainly of no business value. PM management does not exist
• Mid year promotions to his Senior Group Director friends while for the rest of employees there is no budget available
• Hot projects like AI are assigned again to VP friends who are totally irrelevant with this project
• Many Directors and upper management levels in the R&D are totally useless, enjoying their retention bonus and RSUs
• Workload is enormous, half of the development is rubbish just to impress the upper management of SDA group
• Low morale and low productivity in the R&D department due to this situation
• Appraisals are not effective, bonuses and stock options are shared between 'friends and family' inside the group
• High performance culture is a joke

HR department start a survey in Greece to verify what happens.

Cadence team demote all these employees in Greece who are causing this frustration