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Autodesk Cuts 1,350 Jobs Despite 12% Revenue Surge

3/5/2025

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Summary

Story summary

In a surprising move, Autodesk plans to cut 9% of its workforce, translating to around 1,350 jobs, even as it celebrates a 12% revenue surge to $1.64 billion. CEO Andrew Anagnost emphasized the urgency to revamp their Go-to-Market strategy and boost investments in AI and cloud technologies, aiming to fortify the company against shifting global challenges.

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Story summary

In a surprising move, Autodesk plans to cut 9% of its workforce, translating to around 1,350 jobs, even as it celebrates a 12% revenue surge to $1.64 billion. CEO Andrew Anagnost emphasized the urgency to revamp their Go-to-Market strategy and boost investments in AI and cloud technologies, aiming to fortify the company against shifting global challenges.