Design software maker Autodesk to lay off about 7% of global workforce

Jan 22 (Reuters) - Design software maker Autodesk ​said on Thursday ‌it would lay off ‌about 7% of its workforce globally, or roughly 1,000 employees, ⁠with a ‌major portion of the reductions occurring ‍within its customer-facing sales functions.

Shares of the company ​rose nearly 4% ‌in premarket trading.

The company, which had about 15,300 employees as of January 31, ⁠2025, said it ​expects to ​complete the restructuring plan by the ‍end ⁠of its fourth quarter of fiscal 2027.

(Reporting ⁠by Jaspreet Singh in ‌Bengaluru; Editing by ‌Shilpi Majumdar)