Adobe cutting 750 jobs
Software giant Adobe has announced that it is cutting 750 jobs, nearly eight percent of the workforce at the US software maker, leaving those in India in relative safety - although no word has been received on the issue yet.
Adobe Systems Inc. cut its fiscal fourth-quarter earnings guidance, based on lower-than-expected revenue, and said it plans to cut 600 jobs, or about 9% of its world-wide work force.