HP to lay off 525 Palm employees this week

By on September 20, 2011 at 8:10 AM.

HP to lay off 525 Palm employees this week

HP will lay off as many as 525 employees from its Palm division this week AllThingsD reported on Tuesday. HP killed off its webOS mobile operating system in mid-August when it also announced it would discontinue the development of webOS devices such as the TouchPad and Palm Pre family of smartphones. “As part of this decision, the webOS GBU is undergoing a reduction in workforce,” an HP spokesperson explained. “Today’s actions are part of this initiative. During this time, we stand by our commitment to our webOS customers and will work to ensure that support and service for customers are not adversely affected. HP is exploring ways to leverage webOS software.” More →

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Skype said to be firing execs to reduce payouts

By on June 20, 2011 at 6:46 PM.

Skype said to be firing execs to reduce payouts

Skype has started to fire several of its executives in an effort to reduce payouts from its Microsoft purchase, Bloomberg reported on Monday. Among the execs being let go are vice presidents Christopher Dean, David Gurle, don Albert, and Russ Shaw, as well as chief marketing officer Doug Bewsher, and the head of human resources, Anne Gillespi. Two other execs from Skype’s Qik acquisition earlier this year — Ramu Sunkara and Allyson Campa — were also fired according to the report. This could possibly mean that the executives will lose any stock options that were not yet vested. Microsoft announced on May 10th that it was acquiring Skype for $8.5 billion, and the deal is still pending FCC approval. More →

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