NVIDIA jumped to No. 3 on the latest list of America’s 100 Best Companies to Work For by Fortune magazine and Great Place to Work.
This recognition is the company’s eighth consecutive year and highest ranking yet on the list. NVIDIA ranked sixth last year.
“Since the COVID pandemic, employees are increasingly prioritizing work-life balance, mission alignment and empathetic workplaces,” Fortune wrote, with hotelier Hilton taking the top spot, followed by Cisco.
“Even as the broader tech sector has shed tens of thousands of jobs, NVIDIA continued its remarkable streak of nearly 15 years without any layoffs.”
NVIDIA also was cited for the company’s “flat structure,” which encourages employees to solve problems quickly and collaboratively through projects.
To identify the top 100, Fortune conducted a detailed employee survey with Great Place to Work that received more than 1.3 million responses from people in the US The survey showed that 97% of NVIDIANs are proud to tell others where they work.
While many tech companies faced a challenging 2023, with an uncertain economy and several of the biggest employers laying off thousands of workers, NVIDIA focused on managing costs, encouraging innovation and offering unique benefits and compensation that supported employees.