Originally posted by padre.ayuso
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"We posted terrific second quarter results driven by growth in new model subscriptions, the end of perpetual license sales, and diligent cost control," said Carl Bass, Autodesk president and CEO. "We’ve now seen several quarters of strong growth from our new model subscriptions, as our customers and partners embrace a model that has greater flexibility and a better user experience. Finally, we continued to extend our leadership in the cloud during a quarter that delivered our largest-ever increase in cloud subscriptions led by BIM 360 and Fusion 360."
"Diligent cost control" Is he talking about this?:
http://www.marketwatch.com/story/aut...rce-2016-02-03
"Autodesk Inc. ADSK, -0.93% said Wednesday it will terminate 925 employees, or about 10% of its workforce, as part of a corporate restructuring disclosed in a regulatory filing. The design software company said it expects to complete the job cuts by the end of January 2017. Restructuring charges are expected to be $85 million to $95 million, of which $77 million to $85 million would be for employee termination benefits. "The company is taking these actions to accelerate its move to the cloud and its transition to a subscription-based business model,"
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