Is Palm Deseprate To Keep Staff? Why Would That Be?

That seems to be the case based on the latest 8-K form filed by Palm with the SEC. It has two key points. It seems that Michael R. Abbott has resigned from Palm. Who is this guy? He’s the Senior Vice President of Software and Services. In other words, he’s a key guy for WebOS which powers the miserable failures Pixi and Pre. Not an insignificant loss IMHO.

The second thing from this 8K is that Palm has started a retention campaign for “key employees.” It could be there to keep any more employees from jumping ship. But I think that a buyer might be close and hand at Palm needs to keep “key employees” in house to make the company worth something.

I suspect we’ll find out soon.

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