RIM to lay off 2,000 employees, reorganize management
RIM to lay off 2,000 employees, reorganize management
Research In Motion will lay off 2,000 of its employees, or about 10% of its total workforce, as part of a cost optimization program. “The workforce reduction is believed to be a prudent and necessary step for the long term success of the company and it follows an extended period of rapid growth within the company whereby the workforce had nearly quadrupled in the last five years alone,” the company said in a statement. The BlackBerry maker is also reorganizing several of its top management positions. RIM’s company statement does not mention any changes to the Co-CEO and Co-Chairman roles held by Mike Lazaridis and Jim Balsillie. RIM recently lost several executives, including the Vice President of digital marketing and media and the BlackBerry PlayBook senior product manager, to competitors including Samsung. Read on for the full press release. More →

