RIM set to cut 2,000 jobs

28/05/2012

RIM Set To Cut 2,000 Jobs

Research In Motion (RIM) is reportedly set to cut 2,000 jobs as part of a continued major restructuring at the company as it continues to struggle to keep pace with Android and Apple.

Canada's Globe and Mail newspaper cited several people close to the company saying that the next round of layoffs is planned for around June 1st, which is a day before the mobile phone maker's first financial quarter ends.

One source in particular said that job losses would number 2,000 at least and may even affect 6,000 people in all sorts of divisions including sales, legal and marketing operations.

A string of high-profile employees at the company have left in recent months as it looks to rectify a disappointing last financial year.

"The strategic question is: are you accelerating into a better future or shrinking to a niche operation?" one source was quoted as saying by the news provider.

Posted by Simon Thomas

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