HP cuts 500-plus Palm team workers
updated 10:25 am EDT, Tue September 20, 2011
Company cites Oct. 31 deadline
Hewlett-Packard has begun laying off workers at its Palm division. A company spokesman said that reductions were part of the decision announced in August to shut down the webOS unit before the end of the fiscal year on Oct. 31. The move was prompted by the disastrous launch of the TouchPad. The spokesman declined to specify how many positions the company would eliminate. Sources close to the company say that as many as 500 workers may be affected.
HP paid $1.8 billion to buy webOS creator Palm in 2009.
The company says it will continue to support existing customers and is exploring other avenues for webOS. Bringing webOS to PCs has been mentioned as a possibility. [via AllThingsD]
