John Paczkowski

Recent Posts by John Paczkowski

Adobe Sacks Nine Percent of Workforce

LAYOFFS_BOBS_THUMB11Add Adobe to the fast-growing list of tech companies sacking employees in November. In an 8-K filing made today with the Securities and Exchange Commission, the company said it will cut nine percent of its workforce, approximately 680 jobs, to better cope with flaccid demand for its software.

Cuts at Adobe (ADBE) will occur worldwide and are intended to bring costs in line with its 2010 budget and “the realities of the business environment,” the company said in a statement. They follow a similar round of cuts made in 2008 that claimed the livelihoods of about 600 people.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”