WSJ confirms: Palm laying off and restructuring

Posted on December 13, 2007 by Dan

palm_axe Yesterday I reported that Palm was rumored to be laying off employees, possibly in the hundreds.

Looks like it’s true–according to a Wall Street Journal story, “yesterday, Palm made some reassignments and staff reductions.”

Palm’s world market share of the smartphone market is down to just 3.6%, down from 5.4% from the previous year.

[Via Engadget]

Filed under: layoffs, tech

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