RIM to lay up to 3000 employees off on August 13
Earlier, RIM announced plans to cut about 5000 jobs in its quest to saving $1 billion in annual costs (the same quest that persuaded the manufacturer to sell one of its company jets). And after laying 2000 off, the company is now prepping up to send 3000 more home. Will this help the company survive the slump? Having a small and flexible team does help in such dire situations, although RIM has reduced its personnel quite dramatically, going from about 16,500 employees to 10,000 in just a few months. Let's hope it's for the better.
source: Cantech via MobileSyrup
2. lyndon420 (Posts: 1832; Member since: 11 Jul 2012)
Can't run a business trying to sell something that no one wants now. Nokia is pretty much going down the same path. It's too bad...they used to have good products years ago. I think that Microsoft is waiting for Nokia's stock to be almost worthless before seriously marketing their Windows Phones, that way Nokia will be forced to accept a bargin basement deal from Microsoft for a buyout. That way Microsoft keeps their costs low as they pray for their products success...which most likely won't be very significant unless Android falls off the planet (something I'm sure Microsoft doesn't want to see happen).
4. ibap (Posts: 714; Member since: 09 Sep 2009)
RIM to lay off up to 3000 employees on August 13 - reads better this way