Thread regarding Autodesk Inc. layoffs

Something smells wrong here

If Auotodesk is laying off after "5% growth" it doesn't bode well does it?

Or Is that 5% number just B.S.?

I don't understand why any company would lay so many off while growing at 5%. Doesn't add up, something smells wrong here.

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Post ID: @OP+QzkWcSN

11 replies (most recent on top)

The pro-formas get more interesting every quarter. Would not trust any number these folks publish, the subscription numbers are pure fiction. A shocking experience to have been inside, this firm has made a lot of enemies in the marketplace with how they treat employees and customers. They just want to get bought - same consultants that did the Adobe transition is doing theirs. And why did they call off the merger in 2014....?

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Post ID: @1jtar+QzkWcSN

AD is outsourcing a lot of jobs to APAC... check their job postings. Why they chose Anagnost?? Marketing whiz from NASA? Hanspal is less academic, less Marketing, but more experience in Engineering Leadership and Product Management. Shouldn't take rocket science!!

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Post ID: @zvpb+QzkWcSN

Hey ADSK , newsflash: you’re not Adobe. At this point, your biz model is like Oracle: layoff, layoff, layoff, rehire at cheaper inexperienced labor, Younger in age doesn’t make you hip, ADSK. Cheap labor doesn’t bring experience. For a global company, you are managed like a mom & pop store staffed by your fave relatives. Anagost is complicit and the wrong choice to lead the company. He’s like a used car salesman. They chose the wrong coCEO when they chose him. The board doesn’t care about anything but keeping the stock price up.11 straight quarters of LOSING MONEY OPERATING AT A LOSS. Yeah, tell us another bedtime story, Andrew...but let me put my hip waders on first so I can slog through your bs. No innovation, no leadership, good old boy and girl network. Meh. OTC will eat your cloud in one byte. Next.

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Post ID: @ulgi+QzkWcSN

Your strategy is creating enemies in the marketplace, ADSK. We won't forget how we were treated. Game on.

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Post ID: @6obt+QzkWcSN

Umm....layoffs are more frequent than every 1.5 years. The smaller layoffs you won't hear in the news. Took at 30% bite out of Consulting this year. Growth in Asia is due to cheaper labor/outsourcing costs and currency advantages.... North American staff are much more expensive for the company. CEO is cost cutting across the board since the copycat Adobe business model is struggling to achieve Autodesk subscription targets and products are saturating. Management doesn't have to be laid off - they will leave on their own when their teams shrink or are sent offshore. Do you like dominos?

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Post ID: @3slv+QzkWcSN

its common practice at Autodesk to layoff evert 1.5 years or so! i was hired when the big layoff came in Summer of 2012..I thought i canned.

They do this to save money...layoff when you become expensive and hire juniors. Thats the Autodesk culture...I guess.

Can't they lay off management and put people who can really manage the company and only layoff when necesssary? I get teh impression north american staff is being laid off. Asia is growing so maybe no layoffs?

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Post ID: @3lfd+QzkWcSN

Looking at these comments and the investors call transcript makes me very confused.

"this wasn't some kind of an across-the-board, peanut butter method type restructuring. It was a very targeted set of divestments that were focused in a few areas."

25% cut over two years is a lot of peanut butter!!

"We actually looked at project areas and functional areas that were not contributing to either our long-term strategic goals around reimagining construction, manufacturing and production. So that's where we're actually seeing permanent removals in cost."

but u still list a 147 product portfolio? more peanut butter.

3ds Max

A360

Advance Steel

Alias AutoStudio (formerly Alias Automotive)

Alias Concept

Alias Design

Alias SpeedForm

Alias Surface

Architecture, Engineering & Construction Collection

Arnold

ArtCAM

AutoCAD

AutoCAD Architecture

AutoCAD Civil 3D

AutoCAD Design Suite (renewal only)

AutoCAD Electrical

AutoCAD for Mac

AutoCAD Inventor LT Suite

AutoCAD LT

AutoCAD LT for Mac

AutoCAD Map 3D

AutoCAD Mechanical

AutoCAD MEP

AutoCAD mobile app (formerly AutoCAD 360)

AutoCAD OEM

AutoCAD P&ID

AutoCAD Plant 3D

AutoCAD Raster Design

AutoCAD Revit LT Suite

BIM 360 Docs

BIM 360 Field

BIM 360 Field iPad app

BIM 360 Glue

BIM 360 Glue iPad app

BIM 360 Ops (formerly Building Ops)

BIM 360 Plan

BIM 360 Plan iPad app

BIM 360 Team

Building Design Suite (renewal only)

Buzzsaw

CFD (Autodesk CFD)

Character Generator

Collaboration for Revit

Composite

Configurator 360

Constructware

Creative Market

Design Review

DWF Writer

DWG TrueConvert (see DWG Viewers)

DWG TrueView

Dynamo Studio

EAGLE

Ember

Entertainment Creation Suite (renewal only)

Fabrication CADmep

Fabrication CAMduct

Fabrication ESTmep

Factory Design Utilities

FBX

FBX Review mobile and desktop app

FeatureCAM

Flame

Flame Assist

Flare

Flow Design

Forge

FormIt

Fusion 360

Fusion Connect

Fusion Lifecycle

Fusion Team

Helius Composite

Helius PFA

HSM

Infrastructure Design Suite (renewal only)

Infrastructure Map Server

InfraWorks

InfraWorks iPad app

Insight

Instructables

Inventor

Inventor Engineer-to-Order

Inventor HSM

Inventor LT

Inventor Professional

Lustre

MatchMover

Maya

Maya LT

Media & Entertainment Collection

Meshmixer

Moldflow Adviser

Moldflow Communicator

Moldflow Insight

Motion FX

MotionBuilder

Mudbox

Nastran (Autodesk Nastran)

Nastran In-CAD (Autodesk Nastran In-CAD)

Navisworks Freedom

Navisworks Manage

Navisworks Simulate

Netfabb

ObjectARX

Plant Design Suite (renewal only)

Point Layout

PowerInspect

PowerMill

PowerShape

Product Design & Manufacturing Collection

Product Design Suite (renewal only)

ReCap

ReCap Pro

ReMake

Autodesk Rendering

Revit

Revit Live

Revit LT

Robot Structural Analysis Professional

Screencast

Shotgun

Showcase

Simulation Mechanical

SketchBook for Enterprise

SketchBook for mobile

SketchBook Pro

Smoke

Stingray

Structural Analysis for Revit

Structural Bridge Design

Tinkercad

TruFiber

TruLaser

TruNest

TruPlan

Vault Basic

Vault Office

Vault Professional

Vault Workgroup

Vehicle Tracking

VRED

VRED Design

VRED Presenter

VRED Professional

VRED Server

Within Medical

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Post ID: @1gjq+QzkWcSN

The 5% is funny money read their 10-K.

They have been doomed since they made the hard cloud push.

They also haven't been giving users any reason to upgrade to a cloud version. PTC still improving pro-e and a has a perpetual license. Users are fleeing AD as soon as the old perpetual AD license has achieved the expected ROI; something the cloud versions are too expensive to ever achieve.

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Post ID: @1qfz+QzkWcSN

So....... last year it was 10%. That means...... almost 25% of employees (2075) let go in less than 2 years?! And then more layoffs next year. Are they mad??????? I get that IT IS a cost reduction, because they reduce OPEX and had the option to transfer those "DEPLORABLE" employees into higher growth areas like other mature companies.......... plus not screw their partners. But it could be worse you know..... like Marissa Mayer :)

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Post ID: @1fej+QzkWcSN

The layoffs affect 13% of its workforce (approx. 1,150 employees), though management says this move is not a cost reduction and is coming from a "position of strength."

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Post ID: @1apw+QzkWcSN

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