Adobe Opens New Office Tower and Pledges No Companywide Layoffs in 2023
- Facility can hold 3,000 new workspaces in San Jose, California
- Other tech firms have pared back their real estate footprints
The new Adobe office addition in San Jose, California.
Source: Courtesy of Gensler | Jason O’Rear PhotographyThis article is for subscribers only.
Adobe Inc., breaking ranks with an industry cutting costs and laying off workers, has opened a new office tower in its home city, adding new capacity for staff and pledging no companywide job cuts in 2023.
The Founders Tower is an 18-story, 1.25 million-square-foot shimmering glass addition to San Jose, California, a city Adobe has called home since the early ’90s. The software company’s fourth tower has capacity for 3,000 employee workstations, Adobe said Wednesday in a statement. Despite opening a new office with amenities, the company remains supportive of hybrid and flexible work arrangements.