We thought Autodesk was going to take over the world. It bought Instructables, invested in TechShop, and has enjoyed a virtual monopoly on drafting software with CAD.
It was the grand hope of our Maker future. But then we looked up and its stock was in a free fall..
Has Autodesk bitten off more than it could render? Mashable reports it is trimming 7 percent of its staff -- about 500 jobs -- after falling second-quarter profits. The company, though, maintains the move is a "restructuring" effort, and expects the jobs to bounce back in different form over the next year.
A previous version of this article included an unrelated photo.
