Computer-aided software design company Autodesk Inc. announced today that it’s cutting 9% of its workforce, or about 1,350 people, following its quarterly earnings report, which saw the company beat analyst expectations on all metrics.

The staff cuts follow a review of Autodesk’s business and a subsequent worldwide restructuring plan that prioritizes the company’s efforts in artificial intelligence and cloud services.

Though Autodesk is cutting staff, it also reported strong quarterly figures, with adjusted earnings per share for the company’s fiscal 2025 fourth quarter ending Jan. 31 coming in at $2.29, up from $2.09 in the same quarter of the previous fiscal year, on revenue of $1.64 billion, up 12% year-over-year. Both were beats, as analysts had expected adjusted earnings per share of $2.14 on revenue of $1.63 billion.

Through Autodesk’s verticals, Design revenue rose 12% from a year ago, to $1.36 billion. Make revenue rose 28%, to $176 million, and subscription plan revenue increased 14%, to $1.52 billion. Autodesk saw total billings in the quarter of $2.11 billion, up 23% year-over-year and the company’s customers were sticking around, with the net revenue retention rate within the range of 100% to 110%.

Business highlights in the quarter included Autodesk unveiling an artificial intelligence strategy that focuses on industry-specific foundation models to transform workflows across architecture, engineering, construction, manufacturing and media sectors. The initiative aims to enhance productivity by automating complex tasks and fostering creativity through advanced AI capabilities.

During the quarter, Autodesk also introduced Project Bernini, a research effort will develop generative AI models capable of producing precise 3D shapes from various inputs, including 2D images and text descriptions.

For its fiscal 2025 full year, Autodesk reported adjusted earnings per share of $5.12, up from $4.19 in the previous fiscal year, on revenue of $6.13 billion, up 12% year-over-year.

“Autodesk is focused on the convergence of design and make in the cloud, enabled by platform, industry clouds and AI,” Chief Executive Andrew Anagnost said in the company’s earnings release. “We are reallocating internal resources toward these critical areas and beginning the optimization of our go-to-market functions to better meet the evolving needs of our customers and channel partners.”

For its fiscal 2026 first quarter, Autodesk expects adjusted earnings per share of $2.14 to $2.17 on revenue of $1.6 billion to $1.61 billion. Earnings were ahead of the $2.07 per share expected by analysts, while the revenue outlook at the midpoint was slightly ahead of an expected $1.6 billion.

For the full year, the company expects adjusted earnings per share of $9.34 to $9.67 on revenue of $7.06 billion to $7.21 billion. Analysts had expected $9.26 per share and revenue of $6.89 billion.

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