'Troubled' BlackBerry maker RIM plans to off-load 2000 jobs: Report

Ottawa, Sun, 27 May 2012 ANI

Ottawa, May 27 (ANI): BlackBerry maker Research In Motion (RIM) is reportedly preparing to eliminate around 2,000 jobs globally.

Several people close to the company revealed that the next round of layoffs is said to be planned for around June, a day before RIM's first quarter ends on June 2.

According to The Globe and Mail, some expect the announcement to made even earlier.

A RIM spokesperson declined to comment on 'rumours and speculation,' but pointed towards comments made by CEO Thorsten Heins and RIM chief financial officer Brian Bidulka on the last quarterly earnings call.

On that call in late March, the two executives said they would focus on operating metrics and efficiency with a streamlining that targets savings of about one billion dollars by the end of fiscal 2013.

According to the paper, there has long been the impression among people close to RIM that radical measures have become necessary.

Such a dramatic cut to the work force, which comes on top of 2,000 layoffs last year, would reshape the company, making it leaner as it tries to push out a successful new crop of BlackBerry devices, called BlackBerry 10, on which the company's future depends.(ANI)



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