They don’t want to be outflanked online.
Something else takes out flash and that is a huge blow to them.
Sure their creative suite will still be the gold standard but it is a smart move to expand to online/cloud media space because that is the way everything else is going.
On the other hand why you need to lay off hundreds of people while you are still very very profitable makes a little less sense.
“On the other hand why you need to lay off hundreds of people while you are still very very profitable makes a little less sense.”
Downsizing is a management technique to lower costs and ‘motivate’ the remaining employees. They do it because they can hire new people for a lot less than the existing employees. They view employees as no different than a desk or computer to be replaced at will.