More layoffs at RIM as it aims to cut costs

More layoffs at RIM as it aims to cut costs
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.


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11 Comments

1. jmoita2

Posts: 930; Member since: Dec 23, 2011

Sure, the workers are always "excess" expense. How about the CEO??? How much is his salary again???

6. PhoneLuver

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!

7. jmoita2

Posts: 930; Member since: Dec 23, 2011

Accountability??? Nah, that's for us peasants.

8. thedarkside

Posts: 654; Member since: Apr 30, 2012

and golden showers?

9. shadowcell

Posts: 300; Member since: Mar 28, 2012

*rimshot* Keep 'em coming.

10. thedarkside

Posts: 654; Member since: Apr 30, 2012

rim jobs being whipped clean.

2. ilia1986 unregistered

Just switch to Android. I am certain there is a huge market for an Android phone with he BB form factor and Rim Qwerty keyboard + BBM and Email services. It's never too late. And Android is free to license.

3. brianisatwit

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.

4. thedarkside

Posts: 654; Member since: Apr 30, 2012

this story should be headlined " RIM jobs in jeopardy!!"

5. dcgore

Posts: 234; Member since: Feb 24, 2012

It is the beginning of the end.

11. residualhatred

Posts: 25; Member since: May 28, 2012

They just need to go ahead and wave that white flag.

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