Autodesk announced Thursday that it will reduce its global workforce by 9%, affecting approximately 1,350 employees. The San Francisco software company, known for its AutoCAD platform, said the ...

Autodesk beat profit and sales estimates on artificial intelligence data center demand for its design software.

Autodesk's global partner channel includes 1,900 reseller partners, 3,300 developer partners and 1,900 authorized training centers, about half of which are run by channel partners themselves ...

As a result, the business intends to reduce the number of employees. Notably, Autodesk has guaranteed that it would not close any offices, but the layoffs will also result in facility cutbacks.

Autodesk raised its annual revenue and profit forecasts on Thursday, betting on growing demand for its design and engineering software, sending its shares surging around 12% in extended trading.