Comments on: A Round of Layoffs at Palm
PalmInfocenter has received a couple of unconfirmed reports that Palm Inc. has had a round of layoffs this week. One report from a reliable source claims as many as 200 people were let go from the US team on Thursday. Most of the cuts are claimed to be in the sales and marketing departments. Sources also postulate that Palm will be closing some offices in Europe and Asia as well.
The news comes during a rather rough week for Palm's stock and the US stock market in general. Shares in Palm closed at a new all time low over continued uncertainly about the general economy and Palm's long planned turnaround. The last major round of layoffs came around this time last year when around 250 people were cut. Palm's last reported head count in August was around 1,050 employees.
Article Comments(47 comments)
- I got one -Tuckermaclain
- RE: Don't we have this already? -Tuckermaclain
- RE: Palm brand will return in 2018, with devices built by TCL -richf
- RE: Palm brand will return in 2018, with devices built by TCL -dmitrygr
- Palm phone on HDblog -palmato
- Palm PVG100 -hgoldner
- RE: Like Deja Vu -PacManFoo
- Like Deja Vu -T_W