Adobe to lay off hundreds of workers

[Newsjock]

Source: San Jose Mercury News

Despite predicting record-setting revenue for the current quarter, San Jose software company Adobe announced Tuesday that it will eliminate 750 jobs.

Adobe is making a push for greater control of the digital media and marketing sectors, a decision that "will result in the elimination of approximately 750 full-time positions primarily in North America and Europe," the company said in a news release.

Adobe reported at the end of its last quarter that it employed 10,040 people, so the restructuring will reduce the company's headcount by slightly less than 7.5 percent.

Read more: http://www.mercurynews.com/bay-area-news/ci_19291108

[Vincardog]

1. What will it do to its' American headcount?

[OhioChick]

2. Where are these "hundreds" of layoffs coming from? n/t

[SnakeEyes]

19. Flash is dead

http://www.cnn.com/2011/11/09/tech/mobile/adobe-mobile-flash-wired/

[aquart]

3. How many jobs are they creating in Asia?

[dash_bannon]

4. More Jobs Overseas

I guess that means 700 more jobs in India, Indonesia, or China.

We need to take our government back from the Corporatistas.

[zbdent]

5. and how many of those jobs were CREATED by tax cuts?

(I doubt any at all ... but I bet the elimination was an indirect result of said tax cuts ...)

[tabasco]

6. Time to jack up their astronomical prices!

Yay!!!

[Blaq Dem]

17. Now you see why developers use Open Source software

$1K to $3K to buy Adobe products??? Plus subscriptions?

[saras]

7. Why does 'greater control' add up to 'fewer jobs'?

[Auggie]

8. Exactly my question

Doesn't make sense

[SnakeEyes]

9. Shifting focus onto those areas instead of others

the hundreds are from the others?

[awoke_in_2003]

10. well, if they fire 700 Americans...

they can easily hire 1500 from India

[hvn_nbr_2]

14. It's CorpoSpeak. It's also "for the convenience" of the laid off workers. nt

[nineteen50]

11. Tax cuts create

jobs don't you know. Economic inequality.

[Steerpike]

12. yup

The preferred corporate model. Fewer older high paid workers...more low paid overworked employees...then offshore the rest!

[onehandle]

13. They make buggy, overpriced software.

No I'm not going to pay $400 for a half upgrade.

Indepedent software developers are nipping at their heels.

[Sabriel]

15. Shouldn't that be..."Flash: Adobe to lay off hundreds of workers"?

It would probably lock up this thread.

[SnakeEyes]

18. literally

http://www.cnn.com/2011/11/09/tech/mobile/adobe-mobile-flash-wired/

[eppur_se_muova]

16. "Despite"?? ORLY? How about, "in keeping with ... " nt