• RIM To Cut 2,000 Jobs Soon?


    Is RIM planning on eliminating more than 2,000 jobs? The recent changes from the top with the co-CEO's resigning and a 14 year veteran of RIM leaving are starting to point that a cutting of the fat is needed in some slightly lean times. RIM's market share has been in decline recently and the fact that when revenue declines, jobs start to become unsteady.

    Clearly, some form of internal restructuring is needed and was vaguely referenced in the last earnings call by saying, "they would focus on operating metrics and efficiency with a streamlining that targets savings of about $1-billion (U.S.) by the end of fiscal 2013."

    One thing we can hope for is that the release of the new BlackBerry Smartphone with the BlackBerry 10 operating system will be the shot in the arm that RIM needs to being back users and take away the hold of Apple and Android phones in the smartphone market.



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