Layoffs begin at RIM, report claims

Business

Waterloo, Ontario-based Research In Motion has begun laying off workers according to a report from a local newspaper on Tuesday. The Waterloo Region Record reports RIM has already begun reducing its staff, though there is no word on how many employees have been let go at this point. Last week, RIM reported a weak first quarter and poor fiscal 2012 guidance that sent investors running for the door. RIM’s Co-CEOs also confirmed on an earnings call that the company would be reducing its workforce, though no time frame was provided, and that the launches of several upcoming BlackBerry devices have been delayed. Shares of RIM stock have fallen more than 25% since the company reported its earnings last week, and it is down more than 50% so far this year.

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60 Comments
  • Max

    RIM: You didn’t adapt. You focused on tech morons and they couldn’t keep you afloat. Now instead of bringing out cool phones, you renumbered garbage crap and peddled it off.

    • Wejgewijgiw

      ugly virgin
      trolling every RIM article, who the fuck are you?

      maybe its just another acc from jonathan s geller so he can bash rim in the comments as well, not just in the articles

      you know what?
      fuck you both, you suck u ugly fatasses

      • http://www.droiddoes.com/ iNorm

        Do you work for RIM? You are a little to pissed to just be a fan.

      • Anonymous

        Spazz. Ur good for a laugh. Thing is, I’m laughing at u. I am absolutely positive now that you twitch and spit as u yell at the screen when u type. Admit it. U do that don’t u. Yeah u do. True story™©®

      • SBMobile

        Apparently RIM is perfect & have NO problems! Or maybe, your head is in the sand with its bosses. lol

  • Anonymous

    Poor Bastards.

    • TumultuousCT

      I don’t feel bad for them. I had to suffer through the CrapBerry Storm for one whole year!

      • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

         Shoot, you should have cut your losses and got something else

      • sirpaul

        Remember when BGR was reporting the Storm may be the iPhone killer?

  • rmcgoff

    This is what happens when you don’t innovate in a competitive market.

  • Jimmy K

    The real tragedy here is they are firing the wrong people.

    The people who caused this are the idiots at the top: 1. Mike L, and 2. Jim B.

    Fire those two morons first, bring in a new CEO, and RIM has a chance to turn around. Otherwise, all the underlings doing good work will continue to suffer because their management team is delusional (eg. apps? who needs apps!?)

    • Anonymous

      Agreed, these guys have took RIM to the top, but they have also lacked the market insight to keep it there.  RIM was like the Ferrari of the smartphone world, now they are like GM.

      • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

        Yeah they were the ferrari when there was no competition and people didn’t care about smartphones.

    • Keymaker

      I don’t think they should be fired but I also believe that none of them 2 deserve to be CEO. Just the fact that the company has 2 CEOs means none of them can do the job by themselves, it also makes the company look like shit. Just for that reason everyone on the board except these 2 should be fired right away.

      • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

        The CEOs shouldn’t be board members. 

      • Mark

        The reason that they have 2 CEO’s is because Jim B, violated the law and as settlement he had to agree to stop being the CEO.

    • Anonymous

      Unfortunately, this is how a plutocratic society like ours works. They earn the money on the backs of the ‘slaves’ that do all the work and get all the blame. Nothing really new.

    • Ghostnyc

      BING-fucking-O

      Im a RIM fan and the only reason RIM is where they are right now is because of lack of leadership & innovation.  They have cash, they have talent & resources at their disposal.  The fact that people are losing their jobs for essentially doing what they were instructed to do by their management is appalling.
       

  • Anonymous

    I hate to see people losing their jobs, no matter what the reasoning.

    The writing was on the wall for this, but that doesn’t make it suck any less.

    • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

      I agree.  But I’m also pretty sure that RIM fanboys and Fandroids would take pleasure if Apple was closing down some Apple stores.  I don’t agree with it at all though.  Personally, I don’t like RIM products right now but I don’t want them to go down.  We need more competitors and choices.  Unfortunately, I don’t know if that can be RIM.  It looks like a 2 man race and then once Windows Mobile gets on some Nokia hardware it’ll be interesting.

  • Anonymous

    What goes up must come down. Jim, mike and wejgewijegiw will all be working as walmart greeters soon. True story™©®

    • Anonymous

      So true.  So shall it be with whoever is currently up.  Sooner or later, the gravity takes hold of you and brings you back down to earth.

      • Anonymous

        Yes. Everyone will fall except apple. The mothership has anti gravity
        technology. The soon to be first trillion dollar company. Can we vote
        apple for president? True story™©®

      • Anonymous

        I always knew SJ was an alien.  No lie. (hehe)

      • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

        That’s not true all the time.  In many industries the same company remains among the best and has been that way for a very long time.  The may not always have the same growth but they have sustained and that’s the key.  If a company continues to adapt to the market and offer new and exciting products they don’t have to come down, they may just have to share it with someone else.

      • Anonymous

        Let’s agree it’s not true most of the time.  I can’t think of any high profiled corporation in high profiled industries that has sustained its number 1 status for a long time.  This is especially true in the high tech industry.  Think of any high tech companies that are currently remotely successful or was until recently.  IBM, DELL, Apple, Microsoft, Cisco, Lucent…you name it and they’ve all fallen on hard times.  Some of them have reinvented themselves and prospered and others stayed the course and perished.  Which way will RIM go?  Hard to say but RIM is making the right acquisitions and making the effort to keep up.  RIM just needs to make another critical acquisition – a new leader with a non-partisan view.  Also maybe some strategic partnerships…

      • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

        I don’t disagree.  And I don’t think necessarily keep the number 1 status but not fall in oblivion is what I mean.   For any company.  Certain companies will always remain as the key or top in what they do because it’s that entrenched in society.  For instance, Microsoft.  I don’t care how many awful OS versions they put out and how “cool” Mac OS is and how good Chrome OS is, neither Apple or Google will probably never take down Microsoft.  And if they do it will be such a long time.  Having said that, that’s not to say that Apple or Google wouldn’t get market share close to Microsoft, just merely saying that it would be hardpressed to see Microsoft fall into oblivion.  So the theory that “what goes up must come down” doesn’t always apply in business.  McDonalds will always be the best selling fast food joint, Walmart will be the retail chain and there are plenty others that either maintain supremacy for a very long time OR manage to stay very relevant even through the most changing times.  That’s all I’m saying.  It’s hard for us to look at the mobile industry and say that because up until 4-5 years ago, people didn’t care.  But it’s surely possible. 

    • Anonymous

      so i guess when apple falls, you’ll be at mcdonalds flipping my burger? True Story

      • Anonymous

        (_)_)/////////D

      • Anonymous

        what kind of gay response is that? it seems like you struggled to take that dildo out of ur ass and scribbled something down. go play with ur itoy, im sure u can put it on vibrate and get off on it. You know absolutely NOTHING about tech or tech companies. All you ever have to say is apple is great and everyone else sucks….thats your continuous argument. I mean, look at your avatar, its a joke just like you. True Story

      • Anonymous

        (_)_)////////////D

      • Applesucksfatties

        Greatness.. All he does is leave  pictures of male reproductive organs and make 1990s comments about peoples moms.   No where in his thoughtless TURD STORY rants does he ever come up with a rational thought.

  • Commenteer

    Wow,
    Its amazing that the Blackberry Torch 9800 was the phone that took down RIM. One POS phone takes down a conglomerate. Tech firms beware, you cant just push out crap and hope to ride on your laurels (I’m talking to Samsung here and their Galaxy series) 
    One failed flagship phone = RIM Death. Sad

    • Anonymous

      1.  The Torch didn’t take down RIM, the lack of any decent phone since the Torch is what took down RIM.
      2.  Samsung is not following the same path as RIM what so ever.  The Nexus S and Galaxy 2 are bleeding edge hardware wise and Android is arguably bleededge software wise.  When have you ever heard anyone say RIM and bleedingedge or cuttingedge in the same sentence? 

    • TumultuousCT

      That’s bs. The Storm was a flagship that was total crap. Many people jumped ship after the Storm and went the Android or iPhone way. I don’t blame them. I was one of them. I think the Storm was the beginning of RIM’s end.

      • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

        Fully agree.  I waiting in line that cold november morning for a Storm.  I was so hyped to get one hoping it would be the “iPhone killer”.  Man was I wrong in the most possible way.  That phone literally made me so disgusted with RIM that I went iPhone.  And RIM has done nothing since to even think about going back.

  • Brad

    I’m betting that they get a buyout offer from Google before the end of the year.  Any takers?

    • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

      Microsoft first!

      • Anonymous

        You think there’ll be a bidding war?

      • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

        I don’t know.  Not sure how google feels about getting into the hardware business.  I couldn’t see them making their own hardware while at the same time letting other companies put their software on potentially better hardware.  That would hurt their hardware sales.  So I’m not sure they want to do that.  They are probably perfectly happy letting all the hardware manufacturers pop out new Android devices each month while they sit back and collect money.  Just my thought though.  

      • Brad

        Could be a bidding war.  I was thinking about this more, and I think Google, Microsoft, Apple, and even HP (and heck, even Nokia) could all stand to gain from that acquisition.  I dunno how much any of those companies will be in the hardware side of RIM, but from a software standpoint, as much as RIM is lagging behind overall, their security and management features are still on a completely different level from all other smartphone platforms.  It would probably mesh well with Apple, since they’re also proprietary by nature, and would probably love to more fully secure their products for enterprise use (and to lock out jailbreakers, if possible).  And Google REALLY needs help in the data security department.  Not sure how they could merge the security features without losing the openness of the platform, but if nothing else, they could probably continue with the Blackberry as a separate line while they figure out how to bring Android up to speed.

  • Anonymous

    This is a given when you make 10 acquisitions in a year.

    • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

      Or when you’re sinking.  Either or.

  • Anonymous

    They should keep at least one employee; to padlock the factory’s doors. Not that there’s anything to steal, anyway!

  • QNX Please

    Good, RIM needs to get leaner and meaner. Layoffs do not necessarily point to bad things. Many companies have dumped half their staff and have come back as a force. Look at Apple in the 90′s, Motorola in the mid 00′s.

    • http://pulse.yahoo.com/_JNKVTT7PJMXPYP2GVCIERBQQCU Andrew

      Yeah last week’s call points to bad things.   But I do agree with you. Problem is those employees that are being laid off are more than likely not the problem. It’s the 2 idiots at the top. I’m sure those employees (for the most part) are doing their jobs. I bet none of them were in the meeting room when Apple announced the iPhone. Or none of them were in charge of product development when Android came. The wrong people are being let go because of the idiots at the top. Unfortunately, that’s how it is.

  • http://twitter.com/Tabletaholic Tabletaholic

    according to Techvibes they laid off 200 people today with more to follow

  • Scroatette

    RIM will never die! Especially not with tha bOlD bUrRy 9900 coming soon!!

    • Anonymous

      Hey, are you Scroàt’s twàtty sister, his vacuous iMamma, or one of his many alternate dissociations??

  • http://www.section303.com codeyh

    So much for Balsillie buying any hockey teams…

  • http://www.facebook.com/michaeljmcgrath Michael McGrath

    ahhhhhhh seeya rim

  • Max

    Listen up, BB Morons. I used to be a tech know nothing like you. True story. Thinking BB was awesome. Then I saw phones that browsed the web with ease. I saw incredibly useful apps. I was jealous. A light bulb shined powerfully in my head. I moved on. I grew up. In short, I became enlightened. You morons continue to live in the matrix. Take the blue pill, idiots. Wake up.

    • Applesucksfatties

       Should we wash it down with the Apple flavored Kool-aid that you iTards drink?

      • Max

        hows bout you wash it down with boyfriends jizz?

  • Anonymous

    RIM = RIP 

    Shouldn’t they get rid one of the co-CEOs?  This will really save cost for the company…

    • Anonymous

      Dear Mike,
      I will have to hunt you down for using the bygone phrase RIM = RIP.  How about something more today?

    • sirpaul

      RIM isn’t having money issues, it’s having management issues.

  • YoYo

    How is RIM so damn thick headed, they obviously need to change to be more like Iphone/Android in order to stay competitive yet they rather sit back release NO new products and continue pushing out their current slow as hell junk and the subpar Playbook. Really they deserve to go under with the mindset they have now.

  • BoyRetard

    Looks like a bad day for RIM jobs

  • http://twitter.com/wingdo Doug Wing

    “RIM’s Co-CEOs also confirmed on an earnings call that the company would be reducing its workforce, though no time frame was provided”

    Maybe they could lay off one of the CEOs as well.

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