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Old, profitable, stable, conservative company

Senior Software Engineer
Former Employee
Worked at Cadence Design Systems for 6 years
March 4, 2017
3.0
RecommendsNeutral OutlookApproves of CEO
Pros

Stable, mandatory shutdowns and forced vacations are good for work-life balance, and products compete in a duopoly environment with high profit margins, good pay packages, and generous benefits and 401K.

Cons

Too much focus on cost-cutting, not enough compute resources to get job done, finance-driven top management, engineering executive influence is not strong.

Bureaucratic blockages due to long-tenured employees.

Departments compete so opportunities for synergies are few.

Advice to Management

Elevate an engineer with product experience into a CEO or COO position.

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