Adobe's Commitment to Avoid Company-Wide Layoffs, Read Full Details Here

Software company Adobe has announced it will not perform company-wide layoffs, bucking the trend that has impacted companies of every size.

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According to Gloria Chen (Chief People Officer of Adobe), Unlike other Silicon Valley tech giants, Adobe will not do any mass layoffs this year.

Adobe Focuses on Growth to Bolster Its Success

In an interview with Bloomberg Television, she said that “We are committed to not having company-wide layoffs."

“We’re actually committed to continuing to grow here," Gloria Chen said, as Adobe opened its fourth office, based in San Jose, California that has the capacity for 3,000 employees.

Adobe said that the company shifted some employees to positions that support critical initiatives" and removed “a small number" of other jobs.

“Adobe is not doing company-wide layoffs and we are still hiring for critical roles," the software major had said in a statement.