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Adobe Systems Plans Restructuring, Job Cuts in 4th Quarter
Tuesday October 15, 6:39 pm ET

By Marcelo Prince

Dow Jones Newswires

NEW YORK -- Adobe Systems Inc. (NasdaqNM:ADBE - News) said it plans to take a $10 million to $ 14 million restructuring charge for an undisclosed number of job cuts in the current quarter. That could translate into the dismissal of 200 to 300 employees, one analyst said.

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oh goody.