This just in from CNet:
Openwave Systems, a maker of cell phone browsers and messaging products, said Thursday that it plans to cut another 12 percent of its work force in an effort to make a quicker return to profitability.
Ouch. I know that Openwave powers most of the WML 1.x browsers, at least here in the US. The current trends is towards WAP 2.0 and XHTML mobile profile. I’m not sure if Openwave is positioned to take advantage of this shift.
They do have a secret project that is burning through resources, so perhaps they have something up their sleeve.