Autodesk, in a statement, also lowered its fourth-quarter revenue outlook to between 475 million dollars and 500 million dollars, down from the 536 million dollars forecast by analysts.

Besides cutting 750 jobs, the San Rafael, California-based company said it plans to consolidate certain facilities. The company has already implemented a hiring freeze and imposed restrictions on business travel.

Autodesk, a leader in the field of 2D and 3D computer design software, said it expects the cost-cutting moves will result in pre-tax savings of some 130 million dollars a year starting in fiscal 2010.

"Global economic conditions continue to impact our end-user demand," said Carl Bass, Autodesk's president and chief executive officer.

"Given the current uncertainty of the economic environment, the cost savings initiatives we are implementing are prudent," he said.

Autodesk said the restructuring will result in a pre-tax charge of 65 million dollars to 75 million dollars, most of which will be taken in the fourth quarter of fiscal 2009.

Autodesk is to release its fourth quarter financial results on February 26.

Yahoo!'s new CEO Bartz served as president, chairman and CEO of Autodesk from 1992 to April 2006 when she became executive chairman of the company.

She was named on Tuesday to replace Yahoo! founder Jerry Yang as CEO of the Internet company.

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