News Articles

Monday, July 25, 2011

RIM confirms redundancies and management reorganisation

Last month, Research In Motion announced plans for a cost optimization program that would involve redundancies. It’s now confirmed more details, revealing that it’s cutting 2,000 jobs; roughly 10% of the global workforce. RIM says this “is believed to be a prudent and necessary step for the long term success of the company”, noting that it follows a period of rapid growth that saw the workforce almost quadruple within the last five years.

There’s also a reorganisation within the company’s senior management team, with Chief Operating Officer Don Morrison - currently on medical leave - now planning to retire after ten years with RIM. Jim Balsillie and Mike Lazaridis will remain as co-CEOs.

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Handsets and manufacturers, NewsNumber of views: 1158

Tags: rimblackberry

Leave a comment

Name:
Email:
Comment:
CAPTCHA image
Enter the code shown above in the box below.
Add comment

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«March 2017»
MonTueWedThuFriSatSun
272812345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive

Terms Of Use | Privacy Statement