An American multinational computer software company, Adobe Chief People Officer Gloria Chen has said that there will be no mass layoffs in 2023.
In an interview Chief People Officer Gloria Chen said, “We are committed to not having company-wide layoffs.”
“Adobe is not doing company-wide layoffs and we are still hiring for critical roles,” the software major had said in a statement.
In December, the company laid off nearly 100 employees from its sales team due to the global macroeconomic conditions. Earlier, The company said that the company made a transition to support critical initiatives and therefore had to wipe out a small number of employees.
As per the 2022 financial reports of Adobe, the firm hired 28,700 workers. Adobe has recently announced the opening of the new Founders Tower in San Jose. This newly inaugurated Founders Tower is a physical manifestation is the future of the workplace will be sustainably built and run, optimized for hybrid, designed for community, adaptable, and resilient to change.
It has a capacity for 4,000 more employees to the San José headquarters campus as it will continue to grow, attract the world’s top talent, and make Adobe one of the best places to work.
Adobe will post its Q1 quarterly earnings results on March 15. The company achieved revenue of $4.53 billion in its fourth quarter of the fiscal year 2022, which represents 10 percent year-over-year growth.
