Posting slower-than-expected revenue growth, flash software maker Adobe Systems Incorporated has announced it would be laying off hundreds of workers in the U.S. and Europe. The news isn’t quite so bleak for New York software developer Altair, who has nearly 600 open positions advertised on its website.
The Wall Street Journal reports that the California-based Adobe said it would be cutting as many as 750 jobs in order to better concentrate on its digital media and digital marketing departments.
Adobe said the restructuring also included a bigger investment in its web formatting called HTML5, rather than its popular Adobe Flash player.
Meanwhile, the Troy, New York-based simulation software maker Altair is looking to fill hundreds of jobs at its headquarters and other offices around the world, according to MLive.com.
The company said it was having trouble finding qualified workers with technical degrees. Altair said it recently held 10 job fairs with a focus on hiring talented students, mostly from master’s degree programs. The company also announced a new internship program, which is set to get underway next summer.

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While the economy may not be entirely back up to speed, hiring appears to be picking up, according to CNN.
The news source reports that about 500,000 jobs have been added so far this year and that this is a result of many businesses maximizing the productivity of their current workers. Due to this, they now must bring in new employees to continue to grow.

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