Adobe plans to reduce part of its workforce following its acquisition of Macromedia, saying other employees may be offered relocation packages.
Layoffs will occur in jobs where there is duplication, said Pierre Van Beneden, Adobe vice president for Europe, the Middle East and Africa (EMEA). Other workers in Europe, for example, some in the UK, may be offered jobs in Nordic regions or Eastern Europe to bolster product offerings there, he said.
Adobe may also hire new talent within Europe, he said. The cuts will be formally announced on December 15 during the company's fourth quarter fiscal earnings. As of March 2005, Macromedia had 1,445 employees worldwide, with 1,151 of those workers in the US.
"When you speak about reductions in force, I want to say that we share the pain between the two companies, Adobe and Macromedia," Beneden said in an interview with IDG News Service.
Adobe completed its $3.4 billion acquisition of Macromedia on Saturday, a deal first announced in April. Macromedia investors will receive 1.38 shares of Adobe common stock for each of their shares.
Bruce Chizen, chief executive officer (CEO) of Adobe, and Shantanu Narayen, president and CEO, will remain at the helm of Adobe. Stephen Elop , former Macromedia president and chief executive officer, will become Adobe's president of worldwide field operations.
Adobe will go from 30 to about 70 products, and employees will undergo internal training, Beneden said. Macromedia's logo will no longer appear on products, he said.