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Originally Posted by Morpheus
Nevertheless - no matter what palmOnephiles say - I think something is seriously wrong at palmOne. It is not a coincidence that so many top execs are leaving a company in such a short time.
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This is actually pretty common in companies (especially technology companies), and happens for several reasons:
- A change in vision or company direction (or one coming up)
- Budgetary issues, that require them to save money to last until the next quarterly earnings statements to their shareholders (To save the most money by losing the least staff, start at the top)
- Personality conflicts with those in the management team
- Fraud
- Incompetence
When I was at $FORMER_EMPLOYER, we went through 4 CEOs in 18 months, and the company changed direction every time there was turnover in the management team. It also was shortly followed by a massive employee layoff period, but the real reason was incompetence in our case. When management doesn't listen to the market, or sales doesn't listen to the people actually delivering the work/code/product, doom is short to follow.
I suspect that palmOne dealing with 1. or 2. above. We'll see what happens in the next few months, however.