Adobe layoffs strike home, 680 to lose jobs

November 10th, 2009 admin
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Filed under: Software TechCrunch, among other news outlets, reports that Adobe is cutting 680 employees as part of a restructuring plan. This is roughly 9 percent of the company’s workforce. The news comes on the heels of Electronic Arts’ decision to layoff 1,500 workers and a reduction of 600 from Adobe back in December. Adobe had purchased Omniture in September and reduced its workforce by 9 percent at that time. The cost of restructuring for Adobe will total between $65 and $71 million, the TechCrunch article says. The layoffs come just after Adobe announced that Flash Professional CS5 will be able to turn Flash projects into iPhone apps . The company has also recently released a version of its Photoshop.com Mobile app for the iPhone [ iTunes link ]. TUAW Adobe layoffs strike home, 680 to lose…


Originally posted on TUAW

 
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