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Tag: Adobe

  • Adobe won’t do mass layoffs, says its chief people officer

    Adobe won’t do mass layoffs, says its chief people officer

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    San Francisco: Bucking the layoff trend that has hit companies across the spectrum, software major Adobe has said it will not perform company-wide layoffs.

    Unlike other Silicon Valley tech giants, Adobe will not do any mass layoffs this year, according to its Chief People Officer Gloria Chen.

    In an interview with Bloomberg Television, she said that “We are committed to not having company-wide layoffs.”

    “We’re actually committed to continuing to grow here,” Chen said, as Adobe opened its fourth office, based in San Jose, California that has the capacity for 3,000 employees.

    In December, Adobe laid off some 100 employees from its sales team amid the rough global macroeconomic conditions.

    Adobe said that the company “shifted some employees to positions that support critical initiatives” and removed “a small number” of other jobs.

    “Adobe is not doing company-wide layoffs and we are still hiring for critical roles,” the software major had said in a statement.

    Adobe will post its Q1 quarterly earnings results on March 15.

    The company achieved revenue of $4.53 billion in its fourth quarter of fiscal year 2022, which represents 10 per cent year-over-year growth.

    Adobe achieved revenue of $17.61 billion in fiscal year 2022, which represents 12 per cent year-over-year growth.

    “Adobe drove record revenue and operating income in fiscal 2022,” said Shantanu Narayen, chairman and CEO, Adobe. “Our market opportunity, unparalleled innovation, operational rigor and exceptional talent position us well to drive our next decade of growth.”

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    ( With inputs from www.siasat.com )

  • Microsoft Edge to get Adobe Acrobat PDF tech in March

    Microsoft Edge to get Adobe Acrobat PDF tech in March

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    San Francisco: Microsoft has announced that with the software major Adobe, it is bringing Adobe Acrobat’s PDF capabilities to more than 1.4 billion Windows users in Microsoft Edge next month.

    The announcement is part of an ongoing Adobe and Microsoft initiative to transform digital work and life by bringing Adobe’s industry-leading PDF, e-signature and document automation tools directly to Microsoft users, the tech giant said in a blogpost on Wednesday.

    “Together, the two companies are updating the PDF experience and value users have come to expect in Microsoft Edge by powering the built-in PDF reader with the Adobe Acrobat PDF engine.”

    This will provide users a better PDF experience including more accurate colours and graphics, improved performance, strong security for PDF handling and greater accessibility, as well as better text selection and read-aloud narration, which will all be available free of cost.

    However, users who want more advanced digital document features, such as the ability to edit text and images, convert PDFs to other file formats and more, can purchase an Acrobat subscription.

    Moreover, Microsoft Edge users with existing Adobe Acrobat subscriptions can use the Acrobat extension inside Edge at no extra cost.

    “Adobe’s PDF technology in Microsoft Edge means users will have fast and secure access to critical digital document capabilities,” said Jared Spataro, Corporate Vice President, Modern Work & Business Applications, Microsoft.

    The tech giant also mentioned that users across the world interact with trillions of PDF files across web, mobile and desktop.

    “With Adobe Acrobat capabilities powering the PDF experience in Edge, Windows 10 and Windows 11 users can use Adobe’s best-in-class PDF capabilities within the Microsoft Edge web browser, without the need to download or switch to a separate application,” it added.

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    ( With inputs from www.siasat.com )