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Adobe to cut about 680 full-time jobs

Associated Press

Posted on November 10, 2009 at 4:03 PM

NEW YORK (AP) — Adobe Systems says it is cutting 680 full-time jobs, or about 9 percent of its work force as it aligns costs with its fiscal 2010 budget.

Adobe Systems Inc., the maker of Photoshop, Flash and Acrobat software products, said Tuesday it will record pretax charges of $65 million to $71 million as a result.

The job cuts relate only to Adobe employees before the company, based in San Jose, Calif., bought Omniture Inc. in October. Adobe also cut 9 percent of Omniture's work force when that deal closed.

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