Adobe Laying Off Almost 700 Workers

Adobe is laying off another 680 workers as part of a new "restructuring plan." With unemployment at the highest rate in decades, more layoffs are going to make it pretty damn rough for folks in the tech industry.

We've confirmed with Adobe that the company is cutting 9 percent of its workforce, or 680 employees. Adobe filed an 8-K with the SEC today reporting the layoffs. Earlier today we heard multiple reports that layoffs were taking place at Adobe.

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