Adobe lays off one in 10 workers

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 $65 m (£39 m) and $71 m 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.