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NASDAQ:ADSK News 22 January 2026

Autodesk layoffs: AutoCAD maker to cut 1,000 jobs as it shifts spending to AI and cloud

Autodesk layoffs: AutoCAD maker to cut 1,000 jobs as it shifts spending to AI and cloud

San Francisco, Jan 22, 2026, 13:57 PST Autodesk announced Thursday it plans to slash roughly 7% of its global workforce—around 1,000 positions—as the San Francisco-based design software company shifts investment toward artificial intelligence (AI) and its cloud platform. The bulk of the job cuts will hit customer-facing sales teams, marking the end of a multi-year sales and marketing revamp. (Reuters)…
22 January 2026
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Stock Market Today

  • Raghav Productivity Enhancers Shares Plummet 28% Despite Strong Earnings Growth
    January 22, 2026, 8:22 PM EST. Shares of Raghav Productivity Enhancers Limited (NSE:RPEL) fell 28% over the past month, erasing recent gains. Despite this, the stock posted a 16% rise over 12 months. The firm's price-to-earnings (P/E) ratio remains elevated at 66.5x, well above India's market median P/E below 22x, reflecting investor expectations of continued rapid earnings growth. The company reported a 43% increase in earnings per share (EPS) last year and a cumulative 115% rise over three years. While the broader market projects 25% growth, Raghav's robust expansion sustains its high valuation. The sharp price drop hasn't pressured its lofty P/E, indicating strong confidence in future performance. Investors should consider factors beyond P/E to assess value amid volatile stock movements.
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