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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Adobe cutting 680 jobs AFP - Wednesday, November 11 Send IM Story Print Photograph of Adobe logo. Adobe Systems, known for its Photoshop editing program and Acrobat document software, announced on Tuesday it was cutting some 680 jobs worldwide, about nine percent of its workforce. Slideshow: Full Photo Coverage: Internet Portals & Search Engines WASHINGTON (AFP) - – Adobe Systems, known for its Photoshop editing program and Acrobat document software, announced on Tuesday it was cutting some 680 jobs worldwide, about nine percent of its workforce. Adobe, in a filing with the US Securities and Exchange Commission (SEC), said it would incur between 65 million dollars and 71 million dollars in restructuring charges because of the layoffs. Adobe said the jobs being cut only involve employees who were with the San Jose, California-based company ahead of its October acquisition of Web analytics firm Omniture Inc. Adobe, which employed 7,564 people worldwide at the end of August, also produces the Flash and Shockwave software used in many games and Internet applications. Adobe shares were trading 0.14 percent higher at 36.65 dollars in after-hours electronic trading in New York. Recommend Send IM Story Print Related Articles New York Times publishes 'crowd-funded' article AFP - Wednesday, November 11 US-TECH Summary Reuters - Wednesday, November 11 Chicago court OKs $10 refunds for ringtones, games Reuters - Wednesday, November 11 Google launches online flu shot finder AFP - Wednesday, November 11 Online activists hijack Facebook groups AFP - Wednesday, November 11 News Search Top Stories Mixed figures on China's economy Ex-Bear Stearns managers cleared in Wall St case France cornered amid EU deficits charge Antarctica's ice loss helps offset global warming: study Goldman Sachs chief defends pay policies More Top Stories » Related Full Coverage Internet Portals & Search EnginesLatest development in the online world All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Maclaren buggies recalled in US over 'lost fingers' Britney 'upset' over Aussie lip-synching row: promoter Kraft Foods launches hostile Cadbury bid Antarctica's ice loss helps offset global warming: study Google buys mobile ad firm in 750-mln-dollar deal More Most Viewed » Somali centenarian weds 17-year-old Mobile phone giant Nokia sues Apple over patents Fibre may keep asthma, diabetes at bay, study finds More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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