Overview

• Autodesk is laying off approximately 1,350 employees, representing 9% of its global workforce, as part of a major restructuring effort.
• The company aims to reallocate resources toward growth areas like artificial intelligence, cloud technology, and industry-specific solutions to remain competitive.
• CEO Andrew Anagnost emphasized that the layoffs are intended to improve efficiency, enhance customer satisfaction, and adapt to economic and regulatory challenges.
• Autodesk expects to incur pre-tax restructuring charges between $135 million and $150 million due to the workforce reductions.
• Impacted employees will receive severance packages, career assistance, and job placement support, with notifications already underway.