Autodesk Stock Rises After Job Cuts Announced to Accelerate AI and Cloud Investments
Autodesk Inc. shares climbed more than 3% Thursday after the design software company said it will cut about 7% of its global workforce — roughly 1,000 jobs — to accelerate investment in artificial intelligence and cloud computing initiatives. The layoffs, which Autodesk said will mostly affect customer-facing sales teams, mark the final phase of its … Read more