01:30 PM EST, 02/27/2025 (MT Newswires) -- (Updates with Autodesk's ( ADSK ) response in the second paragraph.)

Autodesk ( ADSK ) plans to cut jobs as part of a broader effort to boost profitability amid pressure from activist Starboard Value and other investors, Bloomberg reported Thursday, citing people familiar with the matter.

Autodesk ( ADSK ) declined to comment when contacted by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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