Autodesk plans to cut about 1,350 employees, or ~9% of its workforce, as part of a focus on profitability following pressure from activist fund Starboard Value (Bloomberg)

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Bloomberg:Autodesk plans to cut about 1,350 employees, or ~9% of its workforce, as part of a focus on profitability following pressure from activist fund Starboard Value  —  - Actions ‘not the result of any third-party pressure,’ CEO says  — Reductions to reshape sales process and allow AI investment