Now we know why it was Palm executive chairman Jon Rubinstein and investor Roger McNamee on stage at the D conference last month talking up the Pre, and not CEO Ed Colligan: Colligan was on his way out. On Wednesday, Palm tapped Rubinstein as its new CEO.
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The number of job cuts made during April was the lowest since October. That’s the latest from outplacement services provider Challenger, Gray & Christmas, which said today that “planned workforce reductions” in April were 132,590–12 percent fewer than the more than 150,000 recorded in March. Great news, right? Until you realize that the “planned reductions” to which the company refers were up 47 percent from a year earlier and are still at recession levels.
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Sun chairman and co-founder Scott McNealy probably has a good joke or two about the way the company’s acquisition discussions with IBM have gone down, but he won’t he won’t be relating them as CEO any time soon. This afternoon Sun dismissed speculation that McNealy will replace CEO Jonathan Schwartz in the aftermath of the deal’s collapse.
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