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Palm Will Lay Off 19% of Workers

By - Source: Tom's Hardware | B 0 comment

Palm, Inc. has announced that it will lay off 19% of its workforce by the end of this week as a cost cutting measure. The move occurs at the end of Palm's fiscal third quarter. A financial analyst laid the blame for Palm's poor performance on the slow economy and on the sluggish sales of the Tungsten W Personal Data Assistant and on PDA sales in general.

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