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August 24, 2012 05:30 am GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/emcKDe_rL3o/
Autodesk Lays Off 7% Of Entire Staff
Digital design giant Autodesk laid off 7% of its workforce Thursday, sources tell Mashable.
That totals around 500 employees -- including a number of 3D developers and several product managers.
Many of the layoffs were handled on a one-by-one basis throughout the day, following the companys disappointing earnings report.
"Our own execution challenges, combined with an uneven global economy, resulted in disappointing revenue results for the quarter, said Carl Bass, Autodesk president and CEO. The changes better position Autodesk to meet the needs of our customers. We are focused on working through our internal challenges as rapidly as possible."
Autodesks fiscal…
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More About: Autodesk
Original Link: http://feeds.mashable.com/~r/Mashable/~3/emcKDe_rL3o/
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