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Macromedia lays off "a few dozen" workers

Web graphics and animation software provider Macromedia says it has laid off "a few dozen" workers over the last quarter. The company said the layoffs were part of "everyday structural changes" and had been offset with a roughly equal number of new hires, leaving the company's head count where it began the new year, around 1,400. The San Francisco-based company last month cut its outlook for the third quarter and said it no longer expected to post a profit by March, the end of its fiscal year.

Web graphics and animation software provider Macromedia says it has laid off "a few dozen" workers over the last quarter. The company said the layoffs were part of "everyday structural changes" and had been offset with a roughly equal number of new hires, leaving the company's head count where it began the new year, around 1,400.

The San Francisco-based company last month cut its outlook for the third quarter and said it no longer expected to post a profit by March, the end of its fiscal year.