Toll Free 1-800-507-8819 [Mon-Fri 10am-6pm EST]

We've Got Accessories Covered

  • My Cart

    Your cart is empty

    You have no items in your shopping cart.

Advanced Search

RIM begins new round of layoffs

By Aldo Panessidi

RIM begins new round of layoffs

We’d heard back in April that RIM, the manufacturer of the BlackBerry smartphones including the Bold Touch 9900, Bold 9790 and Curve 9360 as well as the Playbook tablet - had planned a new round of employee layoffs, this in addition to the 2,000 employees who have already lost their jobs this year.

Ironically, the new layoffs have begun almost one year to the day that The Waterloo Record reported last year’s RIM layoffs that were necessary to cut costs. In this new round, RIM plans to lay off at least 10% of its global workforce.

RIM is pinning most of its hopes for a future on the BlackBerry 10 smartphone, but until that phone is on the market, RIM’s sales are going to continue to languish. In a recent interview with The Waterloo Record, a RIM spokesperson revealed this: “RIM has committed to achieving significant efficiencies and operating cost reductions over the course of this fiscal year. Our financial target is to drive at least $1 billion in savings by the end of fiscal 2013. Headcount reductions are part of this initiative.”

Rim’s spokesperson said the current round of job reductions could see as many as 6,000 cuts as RIM tries to achieve $1 billion in savings by the end of fiscal 2013.

Comments