Autodesk Restructures with Job Cuts Amid Strong Earnings

Autodesk Inc. is set to lay off approximately 1,350 employees, representing about 9% of its workforce, as part of a restructuring plan aimed at enhancing profitability and focusing on artificial intelligence and cloud initiatives. Despite these cuts, Autodesk reported strong fiscal 2025 fourth-quarter results, with a 12% increase in revenue to $1.64 billion and earnings per share of $2.29, surpassing analyst expectations. The company is transitioning to a subscription-based model, which has been successful in driving predictable revenue and aligning with industry trends. CEO Andrew Anagnost emphasized that the decision to reduce the workforce was internally driven and not influenced by external pressures, although investor scrutiny and demands for higher profit margins have been noted. The restructuring is expected to be completed by January 2026, with anticipated charges between $135 million and $150 million. Autodesk's share price rose in extended trading following the earnings announcement, highlighting investor confidence in its strategic direction.