Adobe to shed 9pc of workforce
Published: 11 Nov 2009 09:48 GMT
Adobe expects to cut 680 full-time employees, or about nine percent of its global workforce, as the company tries to align costs in the face of lagging sales.
The layoff, which was disclosed on Tuesday in a regulatory filing with the US Securities and Exchange Commission, marks the second wave of job cuts in the past year. In December, the company said it would cut 600 jobs amid less-than-anticipated demand for its recently launched Creative Suite 4 series of products.
The cuts will affect only those workers who were Adobe employees before the $1.8bn (£1bn) acquisition of web analytics firm Omniture in September. They are separate from an earlier-announced nine percent workforce reduction within the Omniture unit, which had about 1,200 employees at the time of the acquisition.
Most of the impact of the cuts will be felt in the San Francisco Bay area, an Adobe spokesperson told ZDNet UK on Wednesday. The spokesperson declined to provide any UK-specific details of planned job losses.
For more on this story, see Adobe to cut 9 percent of workforce on CNET News.
Tom Espiner of ZDNet UK contributed to this article.
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