Palm warns of loss, plans 13% workforce cut

By Craig Stedman, Computerworld |  Hardware

Palm said it's trying to reduce expenses by 10% to 15% from their expected fourth-quarter levels. In addition to the layoffs, the company is postponing construction of a planned new headquarters facility in San Jose that was expected to cost $460 million over a seven-year period. Palm also said its overall real estate plans are being re-evaluated.

Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

Answers - Powered by ITworld

Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

Ask a Question
randomness