Monday, February 10, 2003
PalmSource Cuts 18% of Work Force
Posted by Janak Parekh in "THE COMPETITION" @ 06:00 AM
One of the factors in the Palm OS's ability to survive is not only competition from Microsoft, but also PalmSource's ability to stay solvent.
"PalmSource, the operating system subsidiary of handheld company Palm, cut 18 percent of its work force this week.
The Sunnyvale, Calif.-based company laid off employees from all divisions within the company, according to Gabi Schindler, PalmSource's senior vice president of marketing. Schindler declined to comment on the specific number of employees let go.
'We're subject to the same market conditions that other companies are experiencing...We had to bring our costs in line with revenue,' Schindler said. 'Where and when it is strategically important, we will hire new people.'"
For what it's worth, the response from Schindler is pretty boilerplate. The fact of the matter remains that should MS stay committed to Pocket PC long-term, it has a much, much larger warchest to do so than PalmSource, and can ride out the current economic (and, in particular, handheld) slump much more easily.
"PalmSource, the operating system subsidiary of handheld company Palm, cut 18 percent of its work force this week.
The Sunnyvale, Calif.-based company laid off employees from all divisions within the company, according to Gabi Schindler, PalmSource's senior vice president of marketing. Schindler declined to comment on the specific number of employees let go.
'We're subject to the same market conditions that other companies are experiencing...We had to bring our costs in line with revenue,' Schindler said. 'Where and when it is strategically important, we will hire new people.'"
For what it's worth, the response from Schindler is pretty boilerplate. The fact of the matter remains that should MS stay committed to Pocket PC long-term, it has a much, much larger warchest to do so than PalmSource, and can ride out the current economic (and, in particular, handheld) slump much more easily.
