Page last updated at 23:52 GMT, Tuesday, 10 November 2009

Adobe lays off one in 10 workers

Adobe Elements software on sale in store
Photoshop is one of Adobe's best-known software products

US software company Adobe Systems has announced it is cutting 680 jobs, almost 10% of its workforce.

The software firm, best known for Photoshop, Flash and Acrobat, said the cuts were necessary to cut costs.

It added it that would be hit with pre-tax restructuring charges of between $65m (£39m) and $71m as a direct result of the cuts.

The lay-offs will not affect employees of web analytics firm Omniture, which was recently taken over by Adobe.

More than 7,000 people work for Adobe Systems.



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