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Barchart
Barchart
Aanchal Sugandh

As Autodesk Slashes Jobs, Should You Buy, Sell, or Hold ADSK Stock?

Autodesk ADSK

Design software maker Autodesk (ADSK) is back again in the spotlight as it has rolled out a restructuring plan that will eliminate approximately 1,000 roles, or about 7% of its workforce, as management reallocates spending toward cloud platforms and artificial intelligence (AI). 

The reductions will largely affect customer-facing sales teams, aligning with Autodesk’s evolving operating model. Investors responded favorably to this news, pushing shares up 4.8% on Thursday, Jan. 22. The reaction came after a stagnant performance last year and a difficult start to 2026, with the stock down 9.5% year-to-date (YTD).

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