More layoffs at RIM as it aims to cut costs
posted by Victor H. / Jun 20, 2012, 9:34 AM
Almost exactly a year after Research In Motion announced its starting to lay off its employees to cut costs, the BlackBerry maker is now expected to slash up to 6,000 more jobs as its situations only worsened in the past year.
“RIM has committed to achieving significant efficiencies and operating cost reductions over the course of this fiscal year,” a RIM spokesperson said for The Waterloo Record yesterday. “Our financial target is to drive at least $1 billion in savings by the end of fiscal 2013. Head count reductions are part of this initiative.”
RIM is struggling with no new models announced and it’s trying hard to make it through the transition period that will bring it the brand new BlackBerry 10 and the first devices with the new operating system around the end of the year.
The Canadian phone maker already cut 2,000 jobs earlier in 2012.
Posts: 930; Member since: Dec 23, 2011
Sure, the workers are always "excess" expense. How about the CEO??? How much is his salary again???
posted on Jun 20, 2012, 9:37 AM 7
Posts: 481; Member since: Jul 05, 2010
I always feel sorry for the workers! You would have had to be blind deaf and dumb to continue making the same mistakes these CEFools made! (When I say CEFool I include Elop!) Somehow they should be held accountable for their actions, but no, they all get golden handshakes instead!
posted on Jun 20, 2012, 10:50 AM 3
Posts: 1; Member since: Jun 20, 2012
" And Android is free to license". Not true. Microsoft and other patent holders mean a license fee has to be paid by anyone shipping Android handsets. Microsoft and others making healthy revenues from Android. BBM on Android would also be subject to a license fee arrangement.
posted on Jun 20, 2012, 9:47 AM 1
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