Adobe decides to revoke and close its research and Development branch in China

Source: Internet
Author: User
Keywords September closed China Adobe Branch 2014 China
Tags .mall adobe adobe china alias bulletin business close closed

Absrtact: September 25, 2014, the work of Zhang (a pseudonym) as a technology researcher in the Adobe China Research and Development Branch has entered the countdown. This is rated as a good working environment on the recruiting site, with a small pressure job coming to an end with a bulletin. Adob

September 25, 2014, as a technology researcher Zhang (alias) in the Adobe China Research and Development Branch of the work into the countdown.

The job site was rated as a "good working environment with little pressure" as an announcement was coming to an end.

Adobe China will focus on market expansion in the future, so it has decided to revoke and close its research and Development branch in China, according to Adobe's official microblogging service. The research and Development Branch will stop operation at the end of December. Adobe will retain sales in Shanghai, Beijing, Guangzhou, Shenzhen, Hong Kong, China and Taiwan.

For research and development technicians, including Zhang, however, the news is too sudden.

September 23, around 4:30 P.M., about 400 of the Adobe China Research and Development Branch employees received emails informing everyone to meet the following day (September 24) morning. Then came the news that their working adobe China Research and Development Branch would be shut down.

"The separation compensation scheme has been identified as N+5 (N represents the number of years of work in the company, n+5 refers to a n+5 monthly salary as an exit compensation)." The first batch of employees will leave in October and the latest batch of departures will be completed by December due to the docking requirements of some projects. Zhang told the first financial daily reporter.

Public information shows that the Adobe China Research and Development Center was founded in 2006, is located in Beijing Zhongguancun Tsinghua Science Park, supporting the Adobe Global digital media products and electrical solutions research and development and testing work.

The unsatisfactory performance is widely interpreted as an important reason for the layoffs.

Adobe's 2014 third-quarter results, which ended on August 29, showed revenue of $1.01 billion trillion, a tiny 1% per cent year-on-year, and a net profit of $44.686 million, down 46% per cent from 83.002 million dollars a year earlier.

However, in Zhang's view, the closure of the China Research and Development Branch was only a follow-up to Adobe's previous research and development business.

It is understood that in December 2012, Adobe announced the end of the operation of the Taiwan branch, the Taiwan branch of the business transfer to Hong Kong sub-company.

At the time, Huang Yaohui, managing director of Adobe Greater China, said in a statement on the Adobe Taiwan website: "After careful consideration of the Asia-Pacific business strategy, Adobe made a decision to restructure the Greater China business." Under the reorganization plan, we will close the Taiwan Branch office, the effective date is December 7, 2012. ”

In this regard, Adobe employees told the "First financial daily" reporter, the Japanese branch of the research and development business has also made adjustments, in the development of this piece, the company should now want to go from the pattern before the bloom to several places concentrated. Today, Adobe's research and development operations in Asia are concentrated in India, where India has a thousands of research and development centers, and the Romanian Research and Development Center in Europe is expanding.

In this regard, Adobe said on Weibo yesterday that Adobe has always regarded China as a long-term market, a commitment that remains unchanged. Their sales teams across the country will also continue to focus on digital media and digital marketing.

"In the Chinese market, research and development and sales are two different companies. In the future, the sale of this piece in China may recruit some more employees. It is said that some research and development employees may also transfer to the sales company to do technical support. Zhang explained.

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