Adobe reports Q4 revenues to be around $912-915 million, instead of its original low estimate of $925 million. ("Not terrible, actually," remarks Dan Frommer of Silicon Alley Insider.)
But that $10 million difference is enough for Adobe to spend as much as $50 million on firing 600 workers. Makes sense to me.
Soon-to-be-made-redundant workers of Adobe! I can relate. Just one month before I was due to be married, the consulting engineering firm I worked for laid me off. (That was during the recession of 1984.) I was unemployed on and off for 1.5 years, and then landed a job with a small, fast-growing computer magazine with a pun for a name: CADalyst.