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Technical Analysis
- 1/16/2009 2:21:07 AM
By Chip Brian, SmarTrend Analytics Team
Today, design software manufacturer, Autodesk, Inc. (NASDAQ:ADSK) announced a restructuring plan in order to lower the company's annual operating expenses. It plans to reduce its workforce by approximately 750 employees and the company expects that this reduction will result in annual pre-tax cost savings of approximately $130 million annually starting in fiscal 2010.
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