Layoffs Hit Autodesk Employees

The Marin Independent Journal reports Autodesk is cutting jobs for the reason of efficiency:

The San Rafael-based computer-aided design software company made the cuts to employees in its Platform Solutions and Emerging Business Division, said Colleen Rubart. About half were based in Marin.

The ADSK share price continues to falter, down roughly $20 from its 52-week high of $52.