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.READ MORE
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