Tag: job losses
UPDATE: HMV no longer accepting gift cards
Following the announcement that high street retailer HMV are to go into administration, financial services firm Deloitte and HMV administrators have confirmed that HMV stores will no longer be accepting gift cards. Though shops remain open, vouchers can no longer…
HMV to go into administration
HMV is to go into administration, with 239 stores now facing closure and over 4,000 staff members facing unemployment. Following the closure of Jessops last week, HMV (an abbreviation of His Master's Voice), has struggled to match the strong competition…
Palm: struggling smartphone company to lay off workers
Palm has had a pretty up-and-down ride of it all, making some kickass PDAs and Palm OS back in the ’90s, and now responsible for the not-all-bad Treo and Centro smartphones, and yet struggling to do well in an increasingly crowded marketplace.
Thanks to the evolving direction of RIM’s BlackBerry handsets, now firmly being targeted at consumers and not just business suits, and the user-generated furore surrounding the iPhone, Palm is losing market share.
Putting a brave face on things, a spokeswoman for the company said that this was merely a consolidation of resources in order to focus more effectively on future innovation and products. There’s a new Palm operating system planned for the end of the year (not much time left, chaps), and an unnamed device coming in early 2009…
