"Adobe is to cut 9% of its workforce, or roughly 680 staff, as part of a company restructuring that follows a year in which its principal customers – in large corporations, and especially publishing – have been struggling to generate cash. Adobe noted the bad news in its official 8-K filing with the US Securities and Exchange Commission. The terse note, filed on Tuesday, is of a "workforce reduction to appropriately align our costs in connection with our 2010 operating plan (the "Restructuring Plan").""
- Steven Perez
from Bookmarklet