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Cadence Design Systems

Develops EDA software, IP, verification tools

Program Manager 2

Full-TimePosted on 10/22/2026
No salary listed
Mid
Bachelor's, Master's
Nanjing, Jiangsu, China
In Person
Project & Program ManagementProject Management

About the job

Requirements
  • A bachelor's degree or higher in Integrated Circuit, Electrical Engineering, Computer Engineering, Communications, or a related field.
  • Prior project management experience, PMP or equivalent certification, and familiarity with project management tools such as Microsoft Project, Confluence, or Jira are preferred.
  • Knowledge of end-to-end design flow and tools for both analog and digital design from Architecture to GDS, and hands-on experience in digital design, mixed-signal design, and end-to-end flow are preferred.
  • Strong leadership, cross-functional communication, and problem-solving skills; willingness to embrace challenges and commitment to continuous learning in a fast-paced environment.
  • Good written and verbal communication skills in both Chinese and English.
Responsibilities
  • Support the project team in developing a detailed and executable project management plan.
  • Identify critical paths and track key milestones to ensure project execution alignment.
  • Establish and execute a change management process to assess the impact of scope, schedule, or resource changes, and communicate resulting adjustments to stakeholders.
  • Conduct regular project status meetings and provide timely reports on project status, issues, risks, and mitigation plans to stakeholders.
  • Develop and implement a proactive risk management plan.
  • Lead risk assessment, focusing on risk mitigation, contingency planning, and resolution of complex problems.
  • Collaborate with team leaders to establish a project resource management plan.
  • Implement a transparent communication mechanism across all teams.
  • Organize regular project meetings to align stakeholders and cross-functional teams on project goals and deliverables.
  • Work with the project team to manage customer relationships and address customer pain points and feedback to improve customer satisfaction.
  • Collaborate with the Quality team to ensure quality control throughout project planning, execution, and delivery.
  • Partner with the Documentation team to ensure timely, high-quality customer documentation.
  • Work with the Delivery team to ensure on-time, high-quality customer delivery.
  • Drive continuous optimization of project management processes through lessons learned, AI/ML applications, and other innovative methodologies.

About the company

Cadence Design Systems provides software, hardware, and IP for electronic design automation (EDA) to help customers design advanced semiconductor chips and electronic systems. Its tools cover system-level design and verification, digital and analog IC design, and custom design flows, with IP offerings like Tensilica processors and DSP cores available for licensing. It differentiates itself by offering an end-to-end EDA portfolio and deep collaboration with industry leaders across implementation, verification, and IP. The goal is to help customers bring sophisticated silicon and electronics to market faster while reducing risk and improving productivity across AI, audio, video, and automotive applications.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Jose, California

Founded

1988

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Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 24% to $1.584 billion, lifting full-year guidance.
  • Intel and Honda validated Cadence’s AI and IP products with fresh design wins.
  • SPDRM 2026.2.3 boosted concurrency 50%, strengthening Cadence’s enterprise workflow moat.

What critics are saying

  • Cadence sued Suzhou Tianzhun in August 2026 over cracked software and copyright infringement.
  • Cadence trades above 15 times revenue; any AI demand slowdown can compress multiples fast.
  • Synopsys’ Ansys bundle threatens Cadence’s pricing power in verification, IP, and system design.

What makes Cadence Design Systems unique

  • Cadence’s 2026 ChipStack agents automate spec-to-RTL, verification, and PPA optimization.
  • Cadence’s PCIe 6.0 subsystem passed July 2026 compliance first-pass on TSMC N3.
  • Cadence’s July 2026 backlog hit $8.1 billion, showing entrenched design-in lock-in.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Life Insurance
  • Flexible Work Hours
  • Paid Vacation
  • Paid Sick Leave

Growth & Insights and Company News

6 month growth

1%

1 year growth

-1%

2 year growth

-1%
Yahoo Finance
Oct 24th, 2026
Cadence and NVIDIA launch Europe's first sovereign AI platform for chip design, with Nokia on board

Cadence Design Systems has launched what it calls Europe's first sovereign AI platform for semiconductor and system design. The platform, built with NVIDIA, runs from a data center in Munich. The data center uses Cadence's AuraStack AI platform and focuses on European chip and system design work. Nokia is the first named customer, deploying AuraStack on the Millennium M2000 Supercomputer for AI-driven design automation and high performance computing. Cadence has a market value of about $85.3 billion. The launch tests whether enough large customers will adopt the stack at scale to make AI "super agents" a long-term earnings driver.

Yahoo Finance
Oct 23rd, 2026
3 resilient software stocks: JFrog, Cadence and CLEAR Secure with up to 86.8% gross margins

Software is cutting operating costs for businesses, and the industry's 54.6% return over the last six months has beaten the S&P 500 by 45.5 percentage points. Yet low barriers to entry mean fierce competition, and few companies will thrive long term. Three software stocks stand out as resilient, according to StockStory. JFrog (NASDAQ:FROG), valued at $11.58 billion, sells a platform for creating, storing, and distributing software packages. Billings growth averaged 31.5% over the last year, and its free cash flow margin is 28.3%. Shares trade at $93.19, or 16.7x forward price-to-sales. Cadence Design Systems (NASDAQ:CDNS), valued at $89.8 billion, supplies software and hardware for chip design. Its gross margin is 86.8% and billings growth averaged 17.9%. The stock trades at $308.58, or 13.4x forward price-to-sales. CLEAR Secure (NYSE:YOU), valued at $4.69 billion, offers biometric identity verification. Revenue grew 36% annually over five years, with a 50.8% free cash flow margin. Shares trade at $45.43, or 3.9x forward price-to-sales.

Yahoo Finance
Oct 20th, 2026
Cadence stock up 105.2% in five years while typical software peer fell 48.2%

Cadence Design Systems (CDNS) shares rose 105.2% in the five years to October 19, 2026, beating 119 of 125 companies in the application software industry. The typical company in that industry fell 48.2%, so the industry did not carry the stock. The S&P 500 gained 70.2% over the period. The typical information technology company fell 23.9%. Earnings per share rose 107.0%, closely tracking the share price. Revenue grew an average of 15.5% a year over three years, against 11.1% for the typical peer. Management raised its fiscal 2026 revenue growth guidance to 19%. Fiscal third-quarter results are expected on or around October 26, 2026.

Yahoo Finance
Oct 14th, 2026
Cadence stock rose 13x in a decade to $129,800, but fell 20% or more seven times

A $10,000 investment in Cadence Design Systems (CDNS) stock grew to about $129,800 over the past ten years, before dividends. The same sum in the S&P 500 reached about $36,500. Holding it was hard. The stock fell 20% or more from a closing high seven times, and three of those drops reached 30% or more. The latest fall was the deepest. Shares dropped 34% from early June to mid-September 2026, while the S&P 500 slipped 0.3%. The business held up. Twelve-month revenue rose 5.6% over that span, and operating margin stayed near 31%. The stock has since risen 22% from its September low but remains about 20% below its June high.

Yahoo Finance
Oct 2nd, 2026
Fair Isaac faces mortgage score challenge while Cadence grows across all products

Fair Isaac and Cadence Design Systems both sell products customers cannot easily replace, but their growth drivers differ significantly. Cadence's chip design software grows across all product groups, whilst Fair Isaac's growth stems primarily from raising prices on its FICO Score. In September 2026, the Federal Housing Finance Agency announced it would start using VantageScore, a cheaper rival, to set mortgage prices. This decision particularly affects Fair Isaac, whose Scores revenue grew 41% in fiscal Q3 2026, driven mainly by higher mortgage score prices. Cadence carries far less debt, at 2.7% of market value versus Fair Isaac's 40%. Fair Isaac trades at 18.4 times earnings compared to Cadence's 69.7 times. Fair Isaac's share price has fallen 56% over the past year, whilst Cadence is down 0.2%. Fair Isaac has not reported results since the government announcement.