It isn’t new news that the worsening economy has resulted in layoffs and it now looks like Palm will be falling victim to the increasingly declining consumer product environment. In an effort to keep afloat, Palm Infocenter says the the giant smartphone and software company will be letting go of a chunk of its workforce. While the number of employees it intends to let go has yet to be disclosed, it would appear that it would have to be a substantial number in order to make an impact. The cuts won’t be limited to the US either, as there are plans to do the same internationally. This isn’t good news as Palm puts it:
“The global economic downturn continues to dampen demand for consumer goods around the world, and the impact on the economic environment is worsened by our maturing Centro line and the length of time it is taking to ramp our new Windows Mobile products.”
It would appear as though Palm has adopted a “would’ve, could’ve, should’ve” mentality in terms of getting new products out and revamping some of its smartphones. In addition, the much-hyped Treo Pro has done little to save Palm. Things aren’t looking good for the telecommunications and electronics industries as Palm joins a long line of companies who have been letting go of employees.