San Francisco-based Autodesk will make facility reductions as well. But it will not close any offices, a spokesperson told CNBC in an email. It expects $135 million to $150 million in restructuring costs before taxes.
The company on Thursday also announced better-than-expected fiscal fourth-quarter results. The company delivered $2.29 in adjusted earnings per share on $1.64 billion in revenue, which was up 12% year over year. Analysts surveyed by LSEG had been looking for $2.14 per share and $1.63 billion in revenue.
For the fiscal first quarter, Autodesk called for $2.14 to $2.17 in adjusted earnings per share on $1.600 billion to $1.610 billion in revenue. Analysts polled by LSEG had expected $2.08 per share and $1.598 billion in revenue.