November 24, 2008

Palm to cut 10% (about 1,050) employees

According to CNet: “Faced with strong competition from Apple and Research In Motion, as well as economic headwinds, Palm has decided to lay off some workers.

Valleywag reported that the layoffs could involve as many as 10 percent of the company’s 1,050 employees. A Palm representative confirmed that layoffs were taking place but did not comment on exactly how many people were affected.”

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