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Palm Lays Off 10% of Workforce

Missteps, growing competition plague smart phone maker

By Jane Yager,  Newser Staff

Posted Dec 14, 2007 8:12 AM CST

(Newser) – Palm, the struggling maker of the Treo smart phone, laid off more than 100 of its 1,150 worldwide employees this week as part of an expense-cutting restructuring. The company, facing stiffening competition, has compounded its recent woes with product launch delays and the September...   Read full story »

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