Adobe, in releasing its preliminary fourth quarter earnings, the software company said it plans to lay off 600 full-time positions, or about 8% of its workforce by reddit
“The cuts are driven by poor sales for Creative Suite 4, which includes core Adobe products like Acrobat and Photoshop, which was released in October. This shouldn’t be a huge shock — with the economy in the tank, and copies of CS4 selling for more than $1,000 (or hundreds of dollars for an upgrade) I’m betting a lot of folks decided their old copies of Creative Suite 3 would continue to serve them just fine.” source...
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