Shantanu Narayen, CEO of Adobe, plans to step down after nearly two decades in the company. This comes as the rise of generative AI forces tech companies to rethink leadership, strategy, and workforce size. During his tenure, Narayan oversaw Adobe's growth from under $1 billion to over $25 billion, and its software and digital experience tools reached billions of users. The company is expanding its push into generativeAI tools across its creative and marketing software products. This shift is forcing other tech firms to rethink how products are built, how teams are structured, and how quickly new tools can be deployed. This follows a series of job losses where artificial intelligence is cited as a contributing factor, with jobloss.ai estimating about 76,800 AI-linked job losses globally.