Adobe, Canon, Nikon reduce workforce due to softening markets

The economic crisis is taking its toll on Canon, Nikon and Adobe. They have all announced or implemented reductions to their workforces in the light of softening demand for their products. 600 workers at Adobe will be laid off due to the lower-than-expected sales of its Creative Suite 4 applications, while Canon (1100 contract workers) and Nikon (1500 sub-contract workers) are being cut.

More information is in the articles below:

• Adobe laying off 600 employees (San Francisco Chronicle)
• Canon unit shedding more than 1,100 contract jobs (AFP)
• Economic downturn hits Ayutthaya: Nikon lays off 1,500 subcontracting staff (Bangkok Post)