TechHR
ex
L&D
UNPLUGGED
Sphere
About Us • Contact Us
People Matters Logo
Login / Signup
People Matters Logo
Login / Signup
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

 

 

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
  • About Us
  • Advertise with us
  • Become a sponsor
  • Contact Us
  • Feedback
  • Submission Guidelines

Follow us:

Privacy Policy • Terms of Use

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

People Matters Logo
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast
Login / Signup

Categories:

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
After Amazon and PepsiCo, Adobe sacks nearly 100 staff to reduce expenses

News • 7th Dec 2022 • 1 Min Read

After Amazon and PepsiCo, Adobe sacks nearly 100 staff to reduce expenses

Employee Relations

Author: Samriddhi Srivastava Samriddhi Srivastava
2.1K Reads
Several companies, such as Amazon, PepsiCo, HealthifyMe and others have recently fired their employees. Latest to join the list is Adobe.

In a bid to reduce expenses, Adobe has laid off nearly 100 employees mainly from the sales team. The software company employed around 28,700 workers, as per its Q3 2022 financial report. 

According to Bloomberg, Adobe is helping out affected employees by providing opportunities to find other positions at the software company.

In a statement to the publication, Adobe said that the company "shifted some employees to positions that support critical initiatives" and wiped out "a small number" of other jobs. On the other hand, the company is also “hiring for critical roles."

Read More

Did you find this article helpful?


You Might Also Like

PayPal to lay off 2,000 employees

NEWS • 1st Feb 2023 • 1 Min Read

PayPal to lay off 2,000 employees

Employee Relations#Layoffs
Salesforce to slash 10% of its workforce worldwide

NEWS • 5th Jan 2023 • 2 Min Read

Salesforce to slash 10% of its workforce worldwide

Employee Relations#Layoffs
Micron projects almost 5,000 layoffs in 2023

NEWS • 22nd Dec 2022 • 1 Min Read

Micron projects almost 5,000 layoffs in 2023

Employee Relations#Layoffs
NEXT STORY: Elon Musk treats 'hardcore' employees to bedrooms at Twitter HQ

Trending Stories

  • design-thinking-hr

    The Davos experience: G-P founder Nicole Sahin shares some t...

  • design-thinking-hr

    Adani-Hindenburg Saga: What the future holds for business ty...

  • design-thinking-hr

    Employee Engagement: FAIL. What next?

  • design-thinking-hr

    The fall of Adani: One report, and a 52% crash in value

People Matters Logo

Follow us:

Join our mailing list:

By clicking “Subscribe” button above, you are accepting our Terms & Conditions and Privacy Policy.

Company:

  • About Us
  • Advertise with us
  • Become a sponsor
  • Privacy Policy
  • Terms of Use

Contact:

  • Contact Us
  • Feedback
  • Submission Guidelines

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

Get the latest Articles, Insight, News & Trends from the world of Talent & Work. Subscribe now!
People Matters Logo

Welcome Back!

Enter your registered email address to login

Not a user yet? Lets get you signed up!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

People Matters Logo

Welcome! Let's get you signed up...

Starting with the absolulte basics.

Already a user? Go ahead and login!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

Let's get to know you better

We'll never share your details with anyone, pinky swear.

And lastly...

Your official designation and company name.