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Tag: 520
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Autodesk Profits Fall and Lays Off 520 Employees
Autodesk stumbled this week, missing its earning expectations, cutting its full-year sales growth forecast, stocks taking a beating, and then laying off 520 employees, being 7% of their total staff. Got Recession? It seems that the uber-techno-giant Autodesk is also feeling the recession-that-went-on-too-long-blues. Can you believe that Autodesk has got recession, too? Particularly considering their low-cost…