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Adobe (ADBE) drops 7.6% AH after reaffirming its FQ4 guidance, and announcing it will cut 750...

Adobe (ADBE) drops 7.6% AH after reaffirming its FQ4 guidance, and announcing it will cut 750 jobs (roughly 8% of its workforce). The company also says it plans to "align its business" around its faster-growing Digital Media and Digital Marketing (Omniture) solutions.

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