I agree strongly. Cadence needs to flatten its organization dramatically. Way too much political infighting and not enough focus. The development groups need to be aligned with the corporate goals. Way too many silos going their own way and the result is no real innovation for way too many years. Their focus has been on sub micron design and that is a shrinking base.
They need good relationships with the foundries. I have a friend who works at a major foundry who says that Mentor, Synopsys, and Magma are true partners while Cadence is always trying to extract more money out of them. ie, Cadences treats their partnership programs as a revenue source rather than a true partnership. This arrogant attitude is costing Cadence.
eda2booz, you've got a start on a good idea, but I'd take it 1 step further, fire the whole damned board of directors for allowing this company to be totally mismanaged. You can not have 200-300 VP's without the approval of the BOD. Therefore, as is the case in any engineering problem you have to define the problem first before you can solve it and I submit that the real crux of the issue is the BOD. Hence, fire them immediately and you have a chance at resurrecting this company.
The major problem is a lack of competitive products at Cadence. Marketing or sales is not to blame they merely spin and cut deals to make up for a lack of technology. If Cadence products were leading edge the situation would be very different. As to the VPs they need to clean house based on performance and not politics.
Jeez guys - VP is just a title; stop being so bitter about it. MENT hardly has any VPs, CDNS has ~90 - just means that MENT is more selective about what the VP title means.
Of the 90 VPs, there are exec VP's, corporate VPs, senior VP, and ordinary VPs. Just think of most of them as middle management - the real VP's are the exec and senior, perhaps some corporate. Ordinary VPs are the equivalent of Directors at other companies.
Sure they should look at eliminating management overhead & poor performers but personally I don't care what the title is.