Adobe Cuts 680 – 9% of Workforce
November 10, 2009
Adobe Systems (ADBE: 35.12 +0.17%) 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.
Read More >>Adobe Reportedly Laying Off 15%
November 10, 2009
Reports are circling around the web that San Jose-based Adobe (ADBE: 35.12 +0.17%) is having layoffs today. Some (unconfirmed) reports put the number at up to 15% of staff (this likely includes contractors).
We will be hearing of deals getting done over the next few quarters, some fairly big, but the thing to keep in mind [...]
Adobe to Cut 600; Yahoo Layoffs Next Week
December 4, 2008
Adobe announced that it will be laying off 600 employees, or about 8 percent of its workforce. The San Jose company indicated that the job cuts will be across the board, and are attributable to a slowdown in the economy and lower than expected sales of its Creative Suite 4 product.
Yahoo is set to announce [...]
