Construction software giant Autodesk is laying off 250 of its employees, just shy of 2% of its global workforce.
A spokesperson for the San Francisco-based firm said the layoffs are part of Autodesk’s plans for its 2024 fiscal year, which began this week.
“We’re focused on ensuring that our resources remain well-aligned to support our key priorities for the coming year. As part of this process, we made the difficult decision to eliminate these roles,” said the spokesperson.
CRN reported that the layoffs included positions such as digital marketing manager, technical marketing manager, web optimisation manager and digital marketing operations project manager.
The cuts join a long line of tech industry layoffs in the past few months, as companies feel the crunch of economic downturn and the waning of the COVID-19 pandemic tech boom.
Google, Microsoft, Amazon and other tech companies have laid off more than 70,000 employees in the last year, according to CNBC.
However, Autodesk, which had more than 12,600 employees as of 2021 and revenue of $4.39bn, insists it is still hiring for a number of positions in different locations globally, and that the decision was not made due to cost-cutting or over-hiring, as seen in the rest of the tech industry.
Whatever the reasons for Autodesk’s layoffs, some experts believe the mass exodus from tech giants will flood the startup scene with top talent, which is surely good news for contech.
Read next: Autodesk and Epic Games partner to create immersive environments for AEC
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