Autodesk to cut 750 jobs
Nibble
Looks like Bartz got out in time
Friday, 16 January 2009, 11:33
AUTODESK, the outfit which has supplied Yahoo with its new CEO Carol Bartz, has just announced a restructuring plan that will decimate its staff.
One in ten workers, or 750 jobs, will go in the restructuring. The outfit also lowered its fourth-quarter revenue outlook to between $475 million and $500 million depending how much loose change Bartz leaves in her desk drawer when she goes. µ
L'Inq
AP
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They did just aquire softimage XSI. Therefore its to be expected that they are going to fire all the extra redundant staff this created.
Actually Softimage is the latest in a series of aquisitions.
Alias, Solid Dynamics, C-Plan, Colorfront, Compass Systems, Unreal Pictures, MechSoft, Linius, TruEInovvations, Revit, Discreet Logic, Skymatter...
And this is not a complete list.
It was inevitable that some will get the boot, all it would take was a period of recession, just like the curent one.
Good luck to the ones that got fired, I hope they make a new company that will buy Autodesk in a decade or so.
Simon, I think your perspective is a bit skewed. Softimage is a tiny cog in the Autodesk machine, somewhere around 1% of the company. Any layoffs resulting from that acquisition would be background noise, and anyway they would already have happened at the time of the acquisition.