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Layoffs and more layoffs..

Software Development Engineer
Former Employee
Worked at Autodesk for 4 years
March 2, 2017
1.0
Doesn't RecommendNegative OutlookApproves of CEO
Pros

Not much work assigned, as people are too old in the organization to work. Work-life balance is top-class. Disability leave pays 67% of base salary, so most people take that for a year. It's an awesome idea to survive layoffs and to look for a new job.

Cons

No salary hikes, work is crap, very little annual bonus, useless junk managers always sucking up to their managers. The company currently has more managers and QA than developers.

In fact, most dev managers in the US have one or two managers in Asia reporting to them. The company is offshoring all the work to Shanghai and Singapore at a very fast rate, as their cloud products have failed miserably.

Few wrong people have taken over the board and are killing the tech culture at Autodesk. The CEO, Carl Bass, was all set to be sacked but then resigned from the CEO position last month. There is no CEO for the company for the time being, as the two interim CEOs who are SVPs are fighting it out.

Advice to Management

Cricket tournaments in San Francisco and Singapore every year, and soccer tournaments in Europe. Spending half a million dollars on these activities. Are you guys crazy?

Insider trading and stock price manipulation are at record highs. The CEO cashed millions of dollars of stocks. What are the rest of them aiming for? Stocks were $30 last year, currently at $88, in spite of six quarters of straight losses. Unbelievable!

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