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Press release: Palm Advances Turnaround Strategy.

To bring its resources into alignment with the strategic needs of its Solutions and Platform businesses, Palm said it would reduce its current work force by a net of approximately 250 employees and contractors, after accounting for the planned hiring of additional people with skill sets to match the future needs of Palm’s Solutions and Platform Solutions groups. With the completed acquisition of certain Be Incorporated assets, for example, the Platform Group this month was able to recruit 45 software engineers and support staff to enhance its future OS roadmap and improve internal development processes. Activities to make the group a wholly owned Palm subsidiary are progressing on schedule under the direction of Dave Nagel, president and chief executive officer of Palm’s Platform Solutions Group.