December 3, 2008

Layoffs at Adobe

Adobe is trimming it's staff 10% or so. The earnings didn't seem too bad; the stock price rose on the news. There's a press release and initial reports at TUAW , j/d's twitter list, and Techmeme. "Yikes" was a comment that resonated here, even if favored teams are not effected.

Update: Mike Seymour at Fxguide does a quick survey of the landscape in melt down.

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