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Reorganization At Palm Contributes to Layoffs

December 14th, 2007 · Source [Wall Street Journal] · No Comments

Palm has laid off more than 100 people, or about 10% of its workforce, as well as reassigned some of its employees in an on-going internal reorganization that it hopes will help revive the company. Palm brought in a former Apple employee, Jon Rubinstein, to help resurrect the smartphone maker’s lineup of devices. He had a hand in crafting the final stages of the recently released Centro, and is concentrating the company’s efforts on finalizing its next-generation operating system so it can launch fully realized new devices in late 2008 or early 2009. Palm has struggled recently to retain a hold of the smartphone market. Its share stands at just 4%, while competitors such as RIM and Nokia have grabbed 9% and 46%, respectively.

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  • Tags: Palm · In The News

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