Seeking Alpha

By Leena Rao

We’ve heard multiple reports that layoffs are taking place at Adobe (ADBE) Tuesday. One source reports that Adobe is laying off 15 percent of its staff, but this is unconfirmed. There are also Tweets about the layoffs on Twitter. Last December, Adobe laid off 600 workers (or 8 percent of its staff) due to the recession.

It’s unclear the reason for this round of layoffs but Adobe just closed the Omniture deal and layoffs could be taking place as the company streamlines the business. We’ve contacted Adobe for confirmation.

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This article is tagged with: Technology, Application Software, United States
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