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Adobe to Lay Off Nearly 700 Workers

Posted: November 16th, 2009 | Author: | Filed under: Quick Blurbs | No Comments »

Adobe Systems will lay off 680 staff, or 9 percent of its workforce, in its latest move to cut costs, the company confirmed Tuesday.

The job cuts will be made worldwide and are designed to bring Adobe’s costs in line with its 2010 budget and “the realities of the business environment,” the company said.

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