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Autodesk increases revenue and brings in new subscribers

Still, investors get nervous on news of restructuring and layoffs Autodesk has reported consistent results with increased revenue year over year and steady transition to subscription. The company has also announced a restructuring plan which will result in a loss of 1,000 people. This is certainly bad news for Marin County, home of many Autodesk employees but not necessarily bad ...

Kathleen Maher

Still, investors get nervous on news of restructuring and layoffs Autodesk has reported consistent results with increased revenue year over year and steady transition to subscription. The company has also announced a restructuring plan which will result in a loss of 1,000 people. This is certainly bad news for Marin County, home of many Autodesk employees but not necessarily bad news for the company. Autodesk has a new CEO and it’s not unusual for a new CEO to do some restructuring and housekeeping. This, and the fact that the company is transitioning its business model makes the layoffs, though large,
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