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RIM looking to slash more jobs, up to 2,000 more on the chopping block

Struggling RIM looking to cut 2,000 jobs before the summer is over

| Business, Financial & Legal News | Posted: May 28, 2012 8:19 am

Back in July of 2011, Research in Motion slashed 10-percent of its global workforce, laying off 2,000 employees as "a prudent and necessary step for the long term success of the company".

 

TweakTown image news/2/4/24327_08_rim_looking_to_slash_more_jobs_up_to_2_000_more_on_the_chopping_block.jpg

 

But, it looks like they could be repeating the process according to AllThingsD. They're reporting that RIM will announce another major global restructuring that will include "at least" 2,000 job cuts. A source has told AllThingsD:

 

RIM has about 16,500 employees worldwide now. That number will be down to 14,500 before the summer's over. ...14,500 or less.

 

The cuts are expected to not just be a certain section, but company-wide, with everyone from marketing to sales, to legal and operations expecting to have jobs cut. The question is, will this help? Did it help last time? Are RIM cutting the fat from the company, or digging right in and removing the meat?

NEWS SOURCE
Allthingsd.com

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