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HP Begins Layoffs at the Palm Global Business Unit

HP is currently in the process of letting a large amount of former Palm Inc. employees go amid the recent decision by HP to terminate its mobile hardware business. WSJ's Digital Daily reports that as many at 525 people will be fired, more than half the current headcount.

"As communicated on August 18, HP will discontinue the development of webOs devices within the fourth quarter of fiscal year 2011, which ends Oct. 31, 2011," an HP spokesperson told AllThingsD. "As part of this decision, the webOS GBU is undergoing a reduction in workforce."

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How many employees did Palm have when HP bought them?

AdamaDBrown @ 9/20/2011 2:46:16 PM # Q
It might be interesting to know.

Either way though, it looks like they're liquidating what remains of the company.

RE: How many employees did Palm have when HP bought them?
Gekko @ 9/20/2011 3:03:13 PM # Q

Palm, Inc. Company Profile

Employees (2009): 939

http://biz.yahoo.com/ic/60/60253.html

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HP Board Said to Weigh Ousting Apotheker as CEO

Gekko @ 9/21/2011 10:22:57 AM # Q

HP Board Said to Weigh Ousting Apotheker as CEO
By Aaron Ricadela and Carol Hymowitz - Sep 21, 2011 11:28 AM ET

Aug. 19 (Bloomberg) -- Scott Kessler, head of technology equity research at Standard & Poor's, talks about Hewlett-Packard Co. Chief Executive Officer Leo Apotheker's plan to spin off the company's personal-computer business. Kessler speaks with Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

Sept. 21 (Bloomberg) -- Hewlett-Packard Co.'s board plans to meet to consider whether to oust Leo Apotheker as chief executive officer after less than 11 months on the job, two people familiar with the matter said. Under a scenario being considered, Hewlett-Packard's directors may appoint former EBay Inc. CEO Meg Whitman as his successor, possibly on an interim basis, said one of the people. Jon Erlichman reports on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)
Hewlett-Packard Co. (HPQ)'s board plans to meet to consider whether to oust Leo Apotheker as chief executive officer after less than 11 months on the job, two people familiar with the matter said.

http://www.bloomberg.com/news/2011-09-21/hp-s-board-is-said-to-weigh-ousting-apotheker-after-less-than-year-as-ceo.html

RE: HP Board Said to Weigh Ousting Apotheker as CEO
Gekko @ 9/21/2011 10:25:30 AM # Q

RE: Better but still too little, too late
Gekko @ 10/13/2010 7:27:02 AM #

i predict that Apotheker will soon run HP back into the ground and after several abysmal quarters his head will roll along and all unprofitable unsuccessful "ventures" like Palm and webOS will be shut down.
when times are good - everyone is fat and happy and there's a lot of margin for error. when times are bad - everyone starts pointing the finger at everyone else and they start looking under every rock to cut costs and trim fat.

http://www.palminfocenter.com/comments/9586/#161759

RE: HP Board Said to Weigh Ousting Apotheker as CEO
AdamaDBrown @ 9/22/2011 12:21:04 PM # Q
The Wall Street Journal is now reporting that they're going to bring in Meg Whitman as CEO.
RE: HP Board Said to Weigh Ousting Apotheker as CEO
HyperScheduler @ 9/22/2011 2:49:17 PM # Q
@ Gekko:

Gotta give you credit-- you were right.


@ ssid12:

That is so true re: the slooooooooooowwwwww long death. . .

Let us know how your TouchPad works out.

Tonight I am buying a Treo 650 from a guy off of CraigsList that contains a HUGE amount of programs (freeware and paid-for apps).


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