Disqus
It looks like Palm is following in the footsteps of Motorola with their plan to lay-off some of its employees. But, whereas Motorola cut thousands of jobs in hopes of saving some much needed cash, Palm is looking to streamline their organization. A Palm spokesperson told News.com that the move is aimed at “eliminating some of the hierarchy” – particularly, but not limited to, the development team. We’re not sure exactly how many heads are going to roll with this move, but we’re pretty sure it won’t be anywhere near 4,000.
If you’ll remember, Elevation Partners (headed by rock-music star, Bono) recently bought a 25% stake in the company – for $325 million. The deal has yet to be approved by Palm shareholders.
[Via: Brighthand]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
