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Home : Company Info & Press : Press Room : Press Releases : Xilinx Press Release #0218

Xilinx Press Release #0218

FOR IMMEDIATE RELEASE

XILINX NAMED THE SIXTH BEST COMPANY TO
WORK FOR IN AMERICA BY FORTUNE MAGAZINE

No. 6 now in “The 100 Best Companies to Work For” rankings;
 only Bay Area high technology company among top 10 companies listed

SAN JOSE, Calif., January 24, 2002 — FORTUNE announced this week that Xilinx, Inc. (NASDAQ:XLNX) was ranked No. 6 on the magazine’s annual list “The Best 100 Companies to Work For.” Xilinx was the only Silicon Valley company to be among the top ten companies on the list.  Last year, the first time Xilinx appeared on the list, the company was ranked No. 14. 

“Many Xilinx employees have told me how proud they are to receive this recognition.  It speaks as much about the great culture we have created at Xilinx as is does about the quality of people who work here,” said Xilinx CEO Wim Roelandts. 

In announcing the new rankings, FORTUNE weighed how companies reacted to the economic downturn of 2001 and their compassion following the terrorist attacks of September 11. 

Although revenue at Xilinx declined by 50 percent over the course of 2001, the company decided employee layoffs would come only as a last resort.  As a result of significant cost cutting measures – including-across-the-board salary cuts for everyone except the lowest paid employees -- Xilinx managed to avoid layoffs.

Xilinx employees sited the company's commitment to local communities and support of employee community involvement through volunteerism as a one of the reasons Xilinx is a great place to work. After the September terrorists attacks Xilinx made a corporate donation of $1 million to the American Red Cross, and the company matched all employee donations to similar relief efforts.  Xilinx employees around the world also organized memorial services to remember the victims of the attacks. 

About Xilinx 
Xilinx is the leading supplier of complete programmable logic solutions, including advanced integrated circuits, software design tools, predefined system functions delivered as intellectual property cores, and unparalleled field engineering support. Founded in 1984 and headquartered in San Jose, Calif., Xilinx invented the field programmable gate array (FPGA) and fulfills more than half of the world demand for these devices today. Xilinx solutions enable customers to reduce significantly the time required to develop products for the computer, peripheral, telecommunications, networking, industrial control, instrumentation, aerospace, defense, low power portable, and consumer markets. For more information, visit the Xilinx web site at http://www.xilinx.com. --30--

#0218

Editorial contact:
Jennifer Wright 
Xilinx, Inc.
 

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