WSJ Confirms Palm layoffs amidst Rubenstein reorg

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Omagus @ Dec 13th 2007 12:50PM

...says the person who obviously is neither a Palm employee not knows anyone who is (fortunately, I fall into the same categories).

Layoffs and staff reductions are a part of the corporate world. That's understood. But that doesn't mean it's a good thing. Maybe the company will become more financtially stable as a result of this. However, I find it interesting that, usually in these cases, the people who are high up enough on the corporate ladder to make the decisions that land the company in financial hardships in the first place are usually not the ones affected with job loss.

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