If you look at current trends in the industry, there are quite a bit of layoffs going around. Companies like Google, Amazon, and Meta (Owner of Facebook, Instagram, and Whatsapp) just laid off tens of thousands of people. While we mostly know Adobe as the maker of creative tools, it is also considered a mega-tech company with lots of similarities to companies that are laying off employees. In fact, Adobe had its round of layoffs at the end of 2022.
Here is the thing, though. While some tech companies are said to be staging for a second round of layoffs (See Meta for example), Adobe’s Chief People Officer, Gloria Chen, just committed in a Bloomberg interview to “not having company-wide layoffs” in 2023.