Autodesk says it will cut 1,350 employees, or 9% of workforce, to make the most of sales changes

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 the ... Read full article.