Palm employs around 1,050 people in its organization but that number is soon to be smaller. The company is experiencing a serious decline in enterprise sales which could be the reason for the layoffs. Reuters explains:
According to data released Thursday by ChangeWave, only 5 percent of companies plan to buy a Palm smartphone in the next quarter, half the figure from a year ago. By contrast, 78 percent of corporations planned to buy a RIM device and 22 percent an iPhone.
So for all the problems that Palm is experiencing, RIM seems safe from all the economic woes discussed.