Autodesk plans to reduce its workforce by roughly 7 percent, impacting about 1,000 positions, to redirect investments toward its cloud platform and AI initiatives. CEO Andrew Anagnost states the layoffs, affecting primarily sales teams, follow a multi-year optimization program and are not linked to market pressures. The restructuring incurs pre-tax costs of $135-$160 million, aimed at aligning operations with long-term growth. Autodesk expects improved financial forecasts for fiscal 2026, continuing to compete against Adobe and PTC in design software.