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PalmOne News

Posted by: Bill Landon on Fri, Feb 28, 2003

Provided by: FreeTranslation.com
Job Cuts Continue at Palm
Palm Friday confirmed it has cut a total of 19 percent of its employees and contractors in the last three months as it prepares for the end of its fiscal third quarter.

The company said about 250 people in both its Palm Solutions hardware division and its PalmSource software subsidiary are getting pink slips with severance. The additional lay-offs began Thursday.

The Santa Clara, Calif.-based company cited difficult market conditions as the basis for its decision. Earlier this month, PalmSource announced 18 percent staff reductions as it prepares to split off next month from Palm Inc. The headcount reductions leave Palm with a total of 1300 staff and contractors.

http://siliconvalley.internet.com/news/article.php/1855991


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