You really have to read carefully these days. What gave Adobe a nice profit this year has nohing to d with cost cuts - if you actually look at the text, the layoffs (600 jobs) are occurring in this month, December. After the nice profits. What kept Adobe in the black was the fact that its sales didn't tank - they actually increased a bit over last year. Which is good news. Or would have been, if Adobe didn't reward its staff for a profitable 2008 by trashing 8 percent of its work force. Which, because layoffs really hurt a company, sets the stage for a more difficult year for Adobe next year. You know, we need to adopt a new ethic for these times, an ethic that rewards companies that keep and value employees, and punishes those companies that treat workers as disposable.
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