So Cadence is not doing good at all. That just kills one place a regular EDA guy could jump once in a while,
Actually, for many it was like, See I am from a competition and I will come to you , please send me the invitation by mail asap.
And then there were attempts to revamp the employees status within the company , if some one sniffed out that you were planning to move to Cadence, you were all of a sudden asked to join the bigger corporate parties , meet the biggies . Actually, not, your salary was increased and a grade upgradation may be.
it is all upto speculation , this is a good story for Synopsys management but for regular employees, it just is another loss of opportunity