Adobe announced a layoff today in an 8-K filing made with the Securities & Exchange Commission. 860 fulltime workers or 9% of its workforce will be laid off 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. We expect to record in the aggregate approximately $65.0 to $71.0 million in pre-tax restructuring charges associated with this Restructuring Plan. Included in these charges are (i) approximately $17.0 to $19
