HP insiders are saying it will shut down failed WebOS

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HP will kill off WebOS, its mobile operating system, the Guardian reports, citing internal HP sources.

WebOS staff will either be moved to a different division within HP or let go, the Guardian reports. There are currently about 500 people working on WebOS, but several high-level members of the division have recently left.

HP bought Palm in 2010 for $1.2 billion in order to acquire the WebOS platform. After disappointing sales from its TouchPad tablet, HP decided to stop production of all WebOS-based hardware.

Most people speculated that HP would try to sell Palm off, but the Guardian’s sources seem to think the entire division will be killed off instead.

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