Ottawa, - BlackBerry maker Research In Motion (RIM) is reportedly preparing to eliminate around 2,000 jobs globally.
Several people close to the company revealed that the next round of layoffs is said to be planned for around June, a day before RIM's first quarter ends on June 2.
According to The Globe and Mail, some expect the announcement to made even earlier.
A RIM spokesperson declined to comment on 'rumours and speculation,' but pointed towards comments made by CEO Thorsten Heins and RIM chief financial officer Brian Bidulka on the last quarterly earnings call. On that call in late March, the two executives said they would focus on operating metrics and efficiency with a streamlining that targets savings of about one billion dollars by the end of fiscal 2013.
According to the paper, there has long been the impression among people close to RIM that radical measures have become necessary.
Such a dramatic cut to the work force, which comes on top of 2,000 layoffs last year, would reshape the company, making it leaner as it tries to push out a successful new crop of BlackBerry devices, called BlackBerry 10, on which the company's future depends.
| Other Articles: |
 |
Cheers for cherry lovers with bountiful Himachal crop (27th May, 2012) |
|
Singapore keen to invest in Myanmar's hotel sector (27th May, 2012) |
|
Air India flies out stranded British Airways passengers (27th May, 2012) |
|
EGoM to take final call on pricing and refarming of spectrum (27th May, 2012) |
|
India's forex reserves drop by $1.80 billion (26th May, 2012) |
|
China is world's biggest magnesium producer (26th May, 2012) |
|
Air India strike continues for 19th day, losses at Rs.290 crore (26th May, 2012) |
|
Microsoft wins patent battle against Google's Motorola Mobility in Germany (26th May, 2012) |
|
Facebook eyeing Opera Software buyout to create own browser (26th May, 2012) |
|
Yahoo eliminates digital newsstand 'Livestand' for iPads six months after launch (26th May, 2012) |
|
'Biggest loser' Zuckerberg suffered $3.2 bln loss in week since Facebook floatation (26th May, 2012) |
|
Did Rajat Gupta spill the beans about Project Moon? (26th May, 2012) |
|
Bhupathi goes online to sell sports merchandise (26th May, 2012) |
|
Singapore swimming pool 38 storeys above ground (26th May, 2012) |
|
ITC quarterly net profit grows 26 percent (26th May, 2012) |
|
Inflation affected PC sales in Q1 of 2012 in India: Gartner (26th May, 2012) |
|
Va Tech Wabag betting big on desalination water projects (26th May, 2012) |
|
CII asks Himachal to make industrial policy investor-friendly (26th May, 2012) |
|
China maintains quarantine on fruit from Philippines (25th May, 2012) |
|
International motor show kicks off in S.Korea’s Busan city (25th May, 2012) |
|
Alibaba.com shareholders approve company's privatization plan (25th May, 2012) |
|
Has Facebook hired design firm Bolt Peters in attempt to fix reputation? (25th May, 2012) |
|
Morgan Stanley to compensate retail investors following Facebook IPO fiasco (25th May, 2012) |
|
Apple chief Cook to forgo $75m dividend payments (25th May, 2012) |
|
Google's 'transparency report' reveals Microsoft's piracy problems (25th May, 2012) |
|
Jobs |
Blog |
Yellow Pages |
Games |
Jokes |
Chat |
e-Cards |
Astrology |
Articles |
Recipes |
Send Gifts
Today : Sunday - May 26, 2013, 10:42am (GMT+5.5)
