Adobe announced a layoff today in an 8-K filing made with the Securities & Exchange Commission. They will release 680 fulltime workers or 9% of its workforce over the next year.
On November 10, 2009, we announced a workforce reduction to appropriately align our costs in connection with our 2010 operating plan (the “Restructuring Plan”). As a result, we expect to eliminate approximately 680 full-time positions worldwide.
Adobe isn't weathering this economy as well as some other companies we follow. They made
