Autodesk says it will cut 1,350 employees, or 9% of workforce, to make the most of sales changes
Autodesk's CEO said the company wants to make the most of its shift toward self-service sales and direct billing.
Design software maker Autodesk said Thursday that it will lay off 1,350 employees, which works out to 9% of its workforce.
The job cuts follow a series of large headcount reductions across the tech industry.
In January, Meta said it would let go of 5% of its workers, and earlier this month Workday, which sells human resources and finance software, announced an 8.5% decrease. Google this week also announced cuts to its human relations and cloud divisions, CNBC reported, and PC maker HP said in a Thursday regulatory filing that it would reduce its headcount by 1,000 or 2,000, representing under 4% of total headcount.
"Our GTM model has evolved significantly from the transition to subscription and multi-year contracts billed annually to self-service enablement, the adoption of direct billing, and more," Autodesk CEO Andrew Anagnost wrote in a memo to employees. "These changes position us to better meet the evolving needs of our customers and channel partners. To fully benefit from these changes, we are beginning the transformation of our GTM organization to increase customer satisfaction and Autodesk's productivity."
The company is also conducting the layoffs to stay competitive in the current economy and protect the company's leadership in cloud computing and artificial intelligence, Anagnost wrote.