Palm Hit With Layoffs
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The company's development group has been hit with layoffs.
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Needs those new models, sharpish Palm says its most recent quarter's earnings will come in lower than it hoped. The company said revenue for 1H 2007, which it previously stated would come in between $380m and $385m, will fall short, between $354m and $364m.â¦
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With PDA sales slumping, company is planning new devices.
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More than a thousand people who phoned in for assistance too often -- at least in the company's eyes -- find themselves suddenly cut off from wireless service.
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As OracleÂ digests its PeopleSoftÂ purchase and prepares to officially launch its combined operations next week, the company is in the process of a mass layoff expected to cut thousands of jobs.
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Shipments of devices running the Palm OS have declined sharply, researcher says.
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Handheld computer maker Palm Inc.   PALM.O on Thursday said its quarterly profit fell as costs   rose and the company began expensing stock options.
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Solar-cell vendor has laid off 40 employees, according to a report. If true, it would cap off a tough year for the once-hot CIGS vendor.
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Falling sales to blame Palm has issued a profits warning ahead of its Q1 results, due in full on 1 October.â¦
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THE REGION Procter &amp; Gamble Co. has eliminated 2,800 positions over the past fiscal year, with more than half coming from Gillette, as a result of P&amp;G's takeover of the Boston shaving firm. P&amp;G's $54 billion acquisition of Gillette is expected to result in an estimated 5,000 job cuts from the combined workforce of about 140,000. Already, Boston has lost ...
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A rash of job cuts - more than 10,000 layoffs this week from a handful of companies â-as created some gloom on the job front. But today&#39;s release of jobs data for September was
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Oracle will eliminate about 5,000 jobs following its $10.3 billion acquisition of PeopleSoft, the company said Friday.
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Centro shipments set a company record, but Palm's still having a rough time battling component shortages and getting products out on schedule.
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3,000 jobs axed BenQ's mobile phone business - the former Siemens division BenQ took over less than a year ago for â¬250m - is facing imminent collapse.â¦
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Problems with a PeopleSoft ERP rollout in Palm Beach County, Fla., have caused significant payroll problems for numerous school district workers.
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InfoWorld - One of the main attractions of Palm&#39;s business was its software expertise, according to private-equity firm Elevation Partners, which plans to&#160;acquire about 25 percent of the struggling mobile device maker.
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Caught in a fierce competitive market populated by BlackBerries, iPhones and other innovative devices, Palm announced this weekend that it will close most of its retail stores.