Autodesk Cuts 1,350 Jobs, 9% Workforce Reduction

Autodesk announced on February 27, 2025, a significant restructuring plan that includes cutting 1,350 jobs, equating to 9% of its workforce, as part of its strategy to optimize its go-to-market organization and focus on cloud and AI investments. The layoffs come amid a trend of job reductions across the tech industry, with Autodesk's decision influenced by pressures from investors to enhance profitability. Despite the layoffs, Autodesk reported a 12% year-over-year revenue growth in the fourth quarter, reaching $1.64 billion, and anticipates restructuring costs of $135 million to $150 million. The company aims to complete this restructuring by the end of fiscal 2026, aligning with its goal of increasing shareholder value. The job cuts reflect broader economic challenges faced by tech companies, which have been laying off employees to remain competitive. Autodesk's CEO emphasized the need for these changes to meet the evolving needs of its customers and to maintain its leadership position in cloud services and AI.