Adobe Systems will reduce part of its workforce in light of its acquisition of Macromedia, saying Monday that employees who don't lose their jobs may be offered relocation packages.
Layoffs will occur in jobs where there is duplication, said Pierre Van Beneden, vice president for Europe, the Middle East and Africa for Adobe. Other workers in Europe, for example, some in the U.K., may be offered jobs in Nordic regions or Eastern Europe to bolster product offerings there, he said.
Adobe might also hire new workers within Europe, he said. The cuts will be formally announced on Dec. 15 when the company releases its fourth-quarter financial report.
"When you speak about reductions in force, I want to say that we share the pain between the two companies, Adobe and Macromedia," Beneden said in an interview.
Adobe completed its $3.4 billion acquisition of Macromedia on Saturday, a deal first announced in April. Macromedia investors will receive 1.38 shares of Adobe common stock for each of their shares, the company said.
Bruce Chizen, chief executive officer of Adobe, and Shantanu Narayen, president and chief operating officer, will remain at the helm of Adobe. Stephen Elop, former president and CEO, will become Adobe's president of worldwide field operations.
With the acquisition, Adobe adds to its portfolio Macromedia's popular Flash products used to view animation and video. Adobe's own portfolio includes the widely used PDF (portable document format) and Acrobat reader.
Adobe, which is based in San Jose, California, said it will begin integrating the two companies' operations, networks and customer-care organizations this week. Macromedia was based in San Francisco.
Adobe will go from 30 products to about 70 products, and employees will undergo internal training, Beneden said. Macromedia's logo will no longer appear on products, he said.
This whitepaper explains the terminology and concepts behind Data Replication technologies and establishes some sizing rules through worked examples. Learn the new paradigm in disaster tolerance—protect data anywhere.
Download now »
Server virtualization is a popular option for dealing with mounting datacenter costs. Another equally promising approach is the use of an Application Delivery Controller. Citrix NetScaler provides a low-cost way for organizations to reduce their server count and accrue cost savings from a reduction in space, cooling, power and personnel.
Download now »
The emergence of WLANs has created a new breed of security threats to enterprise networks.
Included in HP ProCurve WLAN solutions is security technology that alleviates threats from WLANs through:
* Monitoring wireless activity inside and out of the enterprise
* Classifying WLAN transmissions into harmful and harmless
* Preventing transmissions that pose a security threat to the enterprise network
* Locating participating devices for physical remediation
Effectively address data protection challenges, implementing solutions that help store and protect business–critical data while cutting costs and improving efficiency and reliability.
Download now »
Sign up to receive Applications Resource Alerts
Recommend This
