RIM to lay off 2,000 workers

BlackBerry maker announces consolidation, jobs cuts

BlackBerry maker Research In Motion announced on July 25 that it will lay off more than 10 percent of its workforce or about 2,000 of 19,000 employees beginning this week.

As the popularity of its smart phone declines, RIM officials are also making an effort to streamline the company by having many executives promoted to positions of more leadership and by consolidating all product engineering functions, reports TechCrunch.

Current COO Dan Morrison will be retiring and will be replaced by former COO of Product Engineering Thorsten Heins who will serve in an expanded role as COO of Product and Sales, the article said.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH

Trending

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Surviving Lowest Price Technically Acceptable IT Projects: Maximize your Returns and Customer Satisfaction Ratings

    Register for this FREE exclusive roundtable webcast to hear from Nick Wakeman, Editor of Washington Technology, Shamun Mahmud, Cloud Security Architect, DLT Solutions and Paul McCloskey, Federal Alliances Leader, SolarWinds, and they discuss the different approaches on how you can deliver low cost, technically excellent, better value solutions to meet the fiscal and technology needs of today’s government, while still maximizing your returns on your LPTA IT projects. Learn More!