Autodesk layoffs: AutoCAD maker to cut 1,000 jobs as it shifts spending to AI and cloud
Autodesk will cut about 1,000 jobs, or 7% of its global workforce, mainly in sales, as it shifts investment to AI and cloud services. The company expects up to $160 million in restructuring charges and raised its financial outlook. Around 10% of affected staff are in San Francisco. Shares rose 5% after the announcement.