Graphic-design software giant Adobe has announced that it has shut down its North American operations for one week in an effort to cut costs and save money. The announcement marks the second time this year that the company has shut up shop for seven days to save money and according to Adobe, it won’t be the last.
Mercury News reports that Adobe previously shut down for a week in April, and in addition to this week's closure, Adobe will close for another week later in the year. These three shutdowns are on top of the the company's usual practice of closing up for the week between Christmas and New Year's Day.
Bloomberg reports that Adobe has asked employees to take a week's paid vacation for this week's shut down although it's still not clear how much the company will save from four weeks of closure. In an interview last April, Chief Executive Officer Mark Garrett revealed to Bloomberg that Adobe had frozen salaries, trimmed bonuses and curbed travel expenses.
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