Adobe Kills Flash for Mobile, Lays Off 750 | Talking Points Memo

Adobe made two paradigm-shifting announcements on Tuesday night, first saying it is laying off 750 full-time employees, nearly 9 percent of its total workforce. The San Jose-based company also revealed that it is will stop adapting its popular Flash web animation software to work on mobile devices such as the Apple iPhone, effectively admitting that former Apple CEO Steve Jobs was right to block Apple mobile devices from supporting Flash.The first announcement, regarding the layoffs, came in a revised fourth-quarter guidance statement from Adobe in which the company said it was “restructuring its business” to “better align resources around Digital Media and Digital Marketing.”

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