Adobe shocking news
Incredible, Adobe’s profit jumped 38% this quarter, but yet, Chief Financial Officer Murray Demo resigned today to spend more time with his family and a search for his replacement had begun; on a side note, after acquiring Macromedia, Adobe is laying off about 10% of their personnel, equivalent to about 650 or 700 jobs.
I’m not into stocks, but it’s expected that the revenue will continue to grow about 30% for Q1 2006.



