The study highlights companies fostering calmer environments in a fast-paced industry known for long hours and rapid change.Nvidia received three out of five stars on its stress-free rating, ranking above the industry average and earning a place alongside Intuit, IBM, Yahoo!, and Microsoft, Business Insider reported.
Part of Nvidia’s employee stability stems from its rare use of layoffs. The company has not conducted major job cuts since 2008. Employees said underperformers are often reassigned rather than dismissed. "It’s harder to get fired than hired here," one person told Bloomberg.
Led by CEO Jensen Huang, Nvidia was valued at just over $10 billion in 2015 and last week became the first company in history to reach a $5 trillion valuation, Forbes reported. The company’s success has turned many of its employees into millionaires through its employee stock purchase plan.
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Nvidia CEO Jensen Huang. Photo courtesy of Nvidia |
Despite its least-stressful workplace in tech, current and former employees told Bloomberg that Nvidia’s work culture is highly demanding, leaving many too busy to enjoy their wealth. The intensity is said to reflect the leadership style of Huang, who has admitted he is not an easy boss. "If you want to do extraordinary things, it shouldn’t be easy," he said in a 2024 interview with CBS News.
A former Nvidia employee told Business Insider that everyone in the company must be ready to report to Huang in detail. "Basically, every single person in Nvidia is directly accountable to Jensen," said Stephen Witt, author of "The Thinking Machine: Jensen Huang, Nvidia, and the World's Most Coveted Microchip."
One former technical support employee told Fortune he often worked seven days a week until 1 or 2 a.m., while engineers worked even later. Another former marketing employee described frequent fighting and shouting during meetings with more than 30 attendees, which she said took place seven to 10 times a day.
Huang said he did not like giving up on people because he believed they could improve, adding that he would rather "torture them into greatness."