hike percentage RSU refreshers

January or February? 5%? 10%? 15%?

Each year 10% !

They've apparently exhausted the AI excuse. I've been working in corporations for nearly three decades. Heard every justification under the sun. It's always been just greed, sprinkled with incompetence and laziness at the top.

“I recognize the weight of this news, particularly as it follows the organizational changes we made last year,” Anagnost wrote. “I want to be clear that this will not become an annual process at Autodesk and these changes are not driven by the... — read more 

Autodesk, Inc., a maker of digital design software, announced Thursday it plans to lay off about 1,000 employees, largely in sales... — read more 

Start of fiscal year soon.

Growth over last 5 years is flat - still at $300/share. Amar had some shady financial dealings.

Let's ask Carl Bass what he thinks!

Isn't Anagnost going to be replaced already? Growth has been flat for years. Bogus financial audit. Another 10-15% RIF?

Activist investor Starboard Value urged Autodesk's board to explore a CEO change and cost cuts on Tuesday, saying the design software maker has missed financial targets and underperformed the market for years under current leadership. The move is... — read more 

Maybe we could avoid layoffs and increase sales travel budgets if AD didn't squander millions of dollars on a divisive invitational football matches. Oh yeah and its not very environmentally friendly flying people from all over the world to this... — read more 

Autodesk's "unlimited" (discretionary) vacation is like having to negotiate with a doctor to grant vacation time when there are already 21 holidays (3 weeks)/year granted that include seven artificial holidays like Autodays, Recharge Day. Other... — read more 

January and February are coming up. Soon it will be time for Anagnost-ic to celebrate a 10-15% RIF of his comparatively low-paid "average" workers.

Is Andrew Anagnost well-aligned to support Autodesk's key priorities? Or is he Agnostic as his name suggests?

Didn't you want more? Like 5-15%? Anagnost is fairly agnostic about his decision - "we’re focused on ensuring that our resources remain well-aligned to support our key priorities for the coming year". Usual b.s. excuses.

The cuts amount to less than 2% of Autodesk’s global workforce, a company spokeswoman said. They are the product of aligning resources to pursue key priorities this fiscal year and not a result of over-hiring or cost-cutting, and Autodesk continues... — read more 

Does anyone know what groups are impacted?

Any idea if anything is coming down in Feb?

Will there be FAANG-style layoffs? Autodesk fell 34% in last year, but their comp is comparably very low to average compared to FAANG. So expenses are more manageable.

Autodesk just laid off their entire Client Services teams in Portland and Denver. San Rafael is next. All Client Services support will be done from Bangalore.

Are they laying off more M&E? Butchering more products?

A lot of execs departed in 2020. What about 2021? More layoffs?

Last quarter is approaching.

Any layoffs planned for this year?

Here it goes anyway... https://www.sfchronicle.com/business/article/Autodesk-lays-off-108-employees-in-San-Francisco-12547181.php Dozens of San Francisco employees of Autodesk were laid off Friday, in line with the company’s previously announced... — read more 

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.

http://www.sfchronicle.com/business/article/Autodesk-to-lay-off-1-150-as-company-restructures-12390210.php

Design-focused software firm Autodesk has announced a “restructuring plan” as the company looks to expedite its transition to the cloud and a “subscription-based business model.” As with many such “restructurings,” this means that Autodesk is laying... — read more 

Is it going to be as bad as 2016?

Autodesk seem to acquire companies on a regular basis, tell everyone everything is as normal and there will only be back office changes. DO NOT BELIEVE A WORD OUT OF THEIR LYING MOUTHS. They are slowly but surely systematically destroying the company... — read more 

Shanghai 3ds max team: all gone now. FBX in Singapore: all gone now. 3ds Max new render engine, ART: the sweden team is all gone now.

http://www.edd.ca.gov/jobs_and_training/warn/WARN-Report-for-7-1-2015-to-2-10-2016.pdf

No worries bro: "To be clear, the restructuring announced today is not related to anything we are seeing in the macro-economic environment. We ended fiscal 2016 on a high note with very strong fourth-quarter billings growth and continued demand for... — read more 

Really sorry for everybody affected. Internal communication so far is poor and full of corporate BS. Just watched a video of a senior VP talking for 10 minutes without saying anything. If anybody has more information about which teams and products... — read more 

I'm also part of the laid off group, after 26 years of service as a software developer there. I agree that things seem a bit messed up. I hope things work out for Autodesk, given all my coworkers and friends that are still left there... some very... — read more 

I wonder which products are affected - are those 900+ people across all segments of the company, or are they trimming down one area in particular?