In the midst of the global economic meltdown, software company Autodesk is laying off 250 employees, or less than 2% of its global workforce.
The layoffs are part of the company’s plans for the fiscal year 2024, in which the company is “focused on ensuring that our resources remain well-aligned to support our key priorities for the coming year.”
“As part of this process, we made the difficult decision to eliminate these roles, comprising less than 2% of Autodesk’s total global workforce,” a company spokesperson said in a statement.
According to CRN, Autodesk, which had over 12,600 employees and $4.39 billion in revenue in its last fiscal year, “continues to hire for many key positions.”
Digital marketing, technical marketing, and web optimization are among the positions affected by the layoffs.
Autodesk joins a number of other technology companies, including Google, Microsoft, Meta, and Amazon, in laying off employees in the face of difficult macroeconomic conditions.
Autodesk develops and sells software and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries. It is headquartered in San Francisco and has offices all over the world.
John Walker, a co-author of the first versions of AutoCAD, founded the company in 1982. Autodesk’s digital prototyping software, such as Autodesk Inventor, Fusion 360, and the Autodesk Product Design Suite, is used in the manufacturing industry to visualize, simulate, and analyze real-world performance using a digital model during the design process.
