Adobe profit up, CFO resigns | CNET News.com

Adobe profit up, CFO resigns | CNET News.com: "Design software maker Adobe Systems on Thursday said that its quarterly profit jumped 38 percent, topping expectations, thanks to higher sales of products including Acrobat and Creative Suite.
The company also said Chief Financial Officer Murray Demo had resigned to spend more time with his family and that a search for his replacement had begun.
Also, in the wake of its recent acquisition of Macromedia, Adobe is cutting about 10 percent of workers in the combined company, or between 650 to 700 jobs, distributed roughly equally around the world, Adobe Chief Executive Bruce Chizen told Reuters in a telephone interview."