A wave of executive blood-letting is confidently forecast at Psion Plc, the handheld computer manufacturer, after managing director Peter Norman decided to ‘retire’ at the grand old age of 39. Psion’s shares have been languishing after the company hit major problems in supplying enough of its new Psion 5 computers as it has problems getting sufficient parts. City insiders expect other heads to roll.
MORE BLOODLETTING EXPECTED AT PSION
