1/12/2004 - FORTUNE Magazine announced this week that despite tough conditions in the high technology industry, Xilinx, Inc. (NASDAQ:XLNX) continues to be viewed as one of the top places to work in all industries, finishing No. 10 in the magazine's annual listing of "The Best 100 Companies to Work For." It marks the fourth year in a row that Xilinx is on FORTUNE'S top 100 best companies list, joining a select group of multi-year selections and belying a tough economic environment that resulted in fewer high tech companies making the list. The 2004 ranking and related stories appear now at www.fortune.com and in print in the January 12, 2004 issue.
"This recognition underscores our unique culture at Xilinx , and one that we believe is a key to our overall corporate success," said Wim Roelandts, CEO of Xilinx. "Ours is a very dynamic and competitive industry and without satisfied and fulfilled employees, we wouldn't be able to continually drive innovation into our marketplace. This past year continued to present some very challenging operating conditions in the semiconductor industry and we are proud of our employee morale, in spite of the continued slowdown in our industry. It is far easier to be a great place to work in a hot economy, and I will always be proud of the fact that it was during the toughest times that our employees recognized the unique culture that makes Xilinx a great place to work."
The Fortune listing is just one of many high-profile recognitions for Xilinx, the leader in programmable logic devices (PLDs). In the past six months, the company has been cited by Forbes Magazine as the Best Managed Semiconductor Company and one of America's Best Big Companies, by Money Magazine as one of the Top 10 Emerging Blue Chip Stocks, and by the Fabless Semiconductor Association (FSA) as its Most Respected Publicly Traded Company.
"It's especially appropriate that Xilinx is recognized for this honor as we enter our 20th anniversary year. Since Day One, Xilinx employees have been the foundation on which the company has built a track record of innovation and success," added Vice President of Human Resources Peg Wynn.
FORTUNE recognized Xilinx on this year's list partly for continuing a policy of layoffs-as-a-last-resort - which has led to no layoffs in the history of the company - and for offering all employees stock options. The magazine also noted that CEO Roelandts responds directly to employees' emails to him.
To select this year's FORTUNE best 100 companies list, the Great Place to Work Institute in San Francisco conducted an independent survey of a random sample of employees from 269 companies, selected from more than 1000 total candidates, to gather opinions about their workplaces. More than 40,000 responses were received, with nearly half of the employees providing additional written comments.
Xilinx is the worldwide leader in complete programmable logic solutions. For more information, visit www.xilinx.com.
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