CDNS: 12% of Employees Laid Off
Posted by 3DCAD Editor
Cadence Design Systems gets rid of 625 employees + contractors + consultants to save $150 million in annual expenses. Lip-Bu Tan is Interim vice chairman of the Interim Office of the Chief Executive: The decision to streamline our workforce was made with the utmost care and respect for the hard-working and talented Cadence employees. We believe that with this restructuring we are acting in the best interests of our company and our shareholders. Who will be next? Source. Go to Source SHARETHIS.addEntry({...
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