Adobe plans to refocus the company on digital publishing and Web advertising, and will eliminate about 750 jobs as a result.
The positions will be primarily in North America and Europe, with about 200 in Silicon Valley. The software maker best known for its graphic design suite is sticking with its projections of record revenue for the fourth quarter ($1.075 billion), according to SiliconValley.com.
In a meeting with analysts Thursday, the company is expected to discuss its cloud strategy, aimed at spurring more frequent purchases of programs such as Photoshop and Dreamweaver. It plans to release a package called Creative Cloud early next year, Bloomberg reports.
ZDNet says the company no longer will “adapt Flash Player for mobile devices to new browser, OS version or device configurations” and plans to instead focus on HTML5. This involves major backpedaling from the company’s spat with Steve Jobs last spring, during which Jobs called Flash the technology of the past.
Meanwhile, the Guardian raises questions about the future of Flash on the desktop. Microsoft isn’t using it in the default browser of Windows 8, due out at the end of next year, and Jobs so hated Flash that no Apple products use it.