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Adobe Cuts 680 – 9% of Workforce

November 10, 2009

Adobe Systems (ADBE: 71.90 +0.74%) has confirmed reports of layoffs by filing an 8-K with the SEC. The final cuts are 680 full-time employees, which amounts to about 9% of the company’s workforce, with a large number of cuts being here locally in the valley.

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Categories: Miscellaneous
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