Adobe announces layoffs, not attending Macworld

Corporate, Finance

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In a press release announced on adobe.com, Adobe will be laying off roughly 600 full-time positions globally.  

Adobe, a crucial partner in the realm of Apple, is not going to have a booth at Macworld this year.  

In talking with some friends in larger companies, they have said that even though some companies don’t have to lay-off workers — it is a good environment to layoff workers. 

What does that mean?  Well given recent news of 9000 jobs disappearing from JP morgan, and even more jobs cut from Washington Mutual — 600 jobs doesn’t sound like much.  If Adobe announced 600 job cuts in July 2008, we would have heard about it.  Given the current economic crisis, Adobe can layoff 600 jobs and not hear that much about the “small” amount of layoffs.

Nevertheless, in a post on TUAW (The Unofficial Apple Weblog), Adobe trimming Expo budget, 600 jobs, we can read that Adobe won’t have a booth at the Macworld expo.  For as long as I can remember, Adobe has been a pivotal partner in software for Apple.  The lack of presence at Macworld either says something about the expo itself, or Adobe.  In this case I think it’s Adobe.

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5 Comments

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5 Responses

  1. [...] Adobe – 600 jobs [...]

  2. Tom Van den Eynde  •  December 6, 2008 @7:23 am

    It could of course also be that they (Adobe) are not amused with the fact that Apple still doesn’t allow the Flash Player on the iPhone…

  3. seangw  •  December 6, 2008 @9:47 am

    Great point! Do you really think that is such a sore spot for adobe?

  4. I survived this layoff  •  December 6, 2008 @6:09 pm

    You moron! You think 600 jobs cut is not significant?

    Adobe had only 7200 employees. So is 8% insignificant?

  5. seangw  •  December 6, 2008 @7:38 pm

    I was saying, when looking at the layoffs nowadays – in the past week we reported about 23,000 layoffs. Adobe’s layoffs account for only 3% of that. Of course 600 jobs is significant for Adobe and the software industry. In terms of the global economy, we are looking at some much higher numbers.

    Check out “Credit Suisse to cut 5,300 jobs“. That’s the perspective I’m looking at.

    Thanks for the info though, good to put the Adobe layoffs in perspective.

    Do you think this has anything to do with them not attending Macworld?

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