RIM to cut 2000 jobs as iPhone market share grows

Release Date 26 Jul, 2011 in San Francisco Chronicle

 
   

RIM to cut 2000 jobs as iPhone market share grows

San Francisco Chronicle - Hugo Miller - 26 Jul, 2011
Dave Chidley / AP FILE - In this July 12, 2011 file photo, shareholders walk past protest signs outside the Research in Motion annual meeting in Waterloo, Ontario. BlackBerry maker Research In Motion is cutting 2000 jobs as part of a cost savings plan ...

RIM's long-term health a worry

Montreal Gazette - Matt Hartley - 26 Jul, 2011
TORONTO " For the past month, tension has engulfed Research In Motion Ltd.'s home base in Waterloo, Ont., as employees worried they could find themselves out of a job. ...

RIM cuts 2000 jobs. Can the company bounce back?

Christian Science Monitor - Matthew Shaer - 26 Jul, 2011
RIM announces a 10.5-percent workforce reduction plan, and says it will retune its corporate strategy. The RIM PlayBook, pictured here, has thus far failed to really capture the imagination of US users. Today, RIM announced it would eliminate 2000 jobs ...

BlackBerry anger over 'inaccurate' comScore

The Independent - Nick Clark - 26 Jul, 2011
BlackBerry's owner Research in Motion (RIM) yesterday launched a public attack on comScore, one of the leading research companies in the UK, saying its latest statistics on smartphone sales were wrong "by a wide margin". ...

RIM set to axe 2000 jobs and review management

The Independent - Nick Clark - 26 Jul, 2011
The beleaguered smartphone giant Research in Motion is to slash its workforce by over 10 per cent as it kicks off a company-wide cost-cutting drive. The Canadian group first announced plans to reduce costs last month, agreeing at the same ...

BlackBerry maker Research In Motion cuts 2000 jobs

The Australian - Judy McKinnon - 26 Jul, 2011
BLACKBERRY maker Research In Motion, struggling to deal with sagging demand for its aging smartphone line, will cut its global workforce by about 2000, leaving it with about 17000 employees. RIM, which has been losing ground to rivals, ...

RIM shrinks work force as rivals gain ground

Globe and Mail - 26 Jul, 2011
Desperate to catch up to its rivals in a market it once dominated, Research In Motion Ltd. RIM-T is slashing 2000 jobs, a stopgap measure to boost profits while the company waits for BlackBerry sales to improve. After quadrupling the size of its work ...

RIM to cut Halifax jobs

CBC.ca - 26 Jul, 2011
Beginning of Story Content Research in Motion said Monday that its Halifax operation will face layoffs. The IT giant behind the BlackBerry has said it will cut its global workforce by 2000 to make itself more competitive. That will be about 11 per cent ...

RIM layoff not Waterloo's defeat

National Post (registration) - Adrian Humphreys - 26 Jul, 2011
Waterloo, Ont. " At midday in downtown Waterloo, home to the tech giant Research in Motion, a scene is brewing that seems torn from the troubled dreams of the shareholders of the famed BlackBerry maker: an 11-year-old girl stands at ...

Laid-off RIM workers escorted out of plant

Hamilton Spectator - Philip Walker - 26 Jul, 2011
RIM Research In Motion cut 2000 jobs or about 11 per cent of its global workforce to reduce costs. Research In Motion says it will cut about 11 per cent of its workforce this year, eliminating 2000 jobs... WATERLOO A grim procession unfolded outside ...

RIM Plans To Cut 2000 Jobs

Forbes - 26 Jul, 2011
Research in Motion said today it is planning to cut 2000 jobs as part of a cost optimization program. Research in Motion said today it is planning to cut 2000 jobs as part of a cost optimization program. The company gave other additional details on the ...

Will Blackberry maker Research in Motion bounce back?

CBC.ca - 26 Jul, 2011
By Community Team Analysts have called on RIM to do away with their co-CEO structure which sees Jim Balsillie, shown here, share the title with Mike Lazaridis. (Mike Cassese/Reuters) RIM laid off roughly 200 people in the days following their last ...

Why RIM is cutting 2000 jobs

Reuters - Kevin C. Tofel - 26 Jul, 2011
On Monday Research In Motion announced details of job cuts, reducing its employee count by 2000 positions. The cuts account for just over 10 percent of RIM's overall workforce, which after the staff reductions will number ...

digits: RIM to Cut 2000 Employees

MarketWatch - 26 Jul, 2011
On today's digits: RIM cuts 2000 employees in a cost-optimization effort; travel start-up AirBnB nabs $112 million in funding and a brand-new $1.3 billion valuation; some publishers decline to follow Apple's new App Store rules for subscriptions; ...

RIM And Cisco Feel The Pain

InformationWeek - Fritz Nelson - 26 Jul, 2011
BlackBerry-maker slashes 10% of workforce. But bigger problems loom: Has RIM missed the application boat? By Fritz Nelson InformationWeek RIM's announcement doesn't come as a big surprise. It's just making official what the company declared last month. ...

If you don't have a BlackBerry …

MarketWatch (blog) - 26 Jul, 2011
RIM RIMM, which makes the BlackBerry wireless device, clearly needs all the help it can get. The iPhone represents everything that the BlackBerry used to stand for, especially in having a hip image with American consumers. Andre Agassi had it right ...

First Nokia, Now RIM: The Mighty Are Falling

Wired News (blog) - John C Abell - 26 Jul, 2011
Research in Motion, whose Blackberry handsets dominated the mobile phone scene only a few short years ago, announced Monday it was cutting 2000 jobs " about 11 percent of its global workforce " as it falls further behind the curve now ...

BlackBerry maker RIM to cut about 2000 jobs, shuffle executives

Los Angeles Times - 26 Jul, 2011
Research in Motion, the maker of the BlackBerry smartphones and tablet, said Monday that it will cut its workforce by about 2000 jobs and move some executives into new roles in an effort to battle the continued growth of Google's Android and Apple's ...

With BlackBerry in Decline, RIM Will Shed 2000 Jobs

New York Times - Ian Austen - 26 Jul, 2011
As it struggles with the declining popularity of the BlackBerry line of smartphones, Research In Motion said on Monday that it would begin laying off about 2000 employees, 10.5 percent of its work force, this week. ...

Research in Motion lays off 10 percent of staff

Washington Post (blog) - Hayley Tsukayama - 26 Jul, 2011
Research In Motion (RIM) said July 25 that it will cut about 2000 jobs, or 11 percent of it workforce, and the severance payout is not included in its second-quarter and full-year outlook. (BOBBY YIP/REUTERS) Research in Motion ...

RIM, the picture of a top-heavy company

CNET - Roger Cheng - 26 Jul, 2011
If Research In Motion is going to take a scalpel to its work force, it should start at the top. Research in Motion's top-heavy leadership structure has been an impediment to innovation at the company. Monday's move to cut 2000 jobs is ...

Research in Motion cuts 2000 jobs; Are Blackberry's 'Crackberry' addicts ...

New York Daily News - Anjali Mullany - 26 Jul, 2011
Blackberry's market share is down - are more 'Crackberry' addicts getting their fix from iPhones and Androids instead? Have the makers of the Blackberry been outsmarted " or outsmartphoned " by Google and Apple? ...

Research In Motion: Market, Analysts Pan Job-Cut Plan

Wall Street Journal (blog) - Mark Gongloff - 26 Jul, 2011
AP RIM shares are down more than 4% today, giving a loud raspberry to the Blackberry maker's plans to cut 2000 jobs and give a gentle nudge to its C-suite. Though one analyst described the cuts as deeper than expected, others said it ...

RIM's stock is in motion, too " down

MarketWatch - 26 Jul, 2011
By MarketWatch NEW YORK (MarketWatch) " Research In Motion Ltd., maker of the BlackBerry handheld device, is putting a band-aid on a broken limb. The band-aid is the predictable business “solution” to a massive problem: conduct layoffs. ...

RIM cutting 2000 jobs

Macleans.ca - 26 Jul, 2011
By Macleans.ca | July 25th, 2011 | 11:12 am Canada's former smartphone leader Research in Motion announced Monday it will eliminate 2000 jobs. The Waterloo, Ont.-based company will be cutting about 11 per cent of its workforce worldwide. ...

BlackBerry cuts 2000 jobs

Times of India - 26 Jul, 2011
Toronto. In a massive layoff, BlackBerry maker Research In Motion (RIM) on Monday announced it was axing 2000 employees. The unprecedented decision comes a month after the top Canadian technology company issued pink slips to 200 `manufacturing' ...

BlackBerry maker says cuts necessary for “long-term success of the company”

Macleans.ca (blog) - 26 Jul, 2011
Canada's former smartphone leader Research in Motion announced Monday it will eliminate 2000 jobs. The Waterloo, Ont.-based company will be cutting about 11 per cent of its workforce worldwide. The BlackBerry maker said in a statement that the layoffs ...

RIM, Like A Wounded Animal, Tries To Get Back On Its Feet: Cuts 2000 Jobs

Forbes (blog) - 26 Jul, 2011
By AGUSTINO FONTEVECCHIA Research in Motion announced it was firing 2000 employees and reshuffling senior management in a “prudent and necessary” workforce reduction. The maker of BlackBerry smartphones has been under heavy fire from shareholders and ...

RIM Slims as Sales Slump

PCWorld - Jared Newman - 26 Jul, 2011
Blackberry maker Research in Motion announced that it will lay off 2000 employees and shake up its senior management after sales last quarter were slower than expected. The layoffs at RIM amount to roughly ...

RIM shares fall; Street looks beyond job cuts

MarketWatch - Dan Gallagher - 26 Jul, 2011
SAN FRANCISCO (MarketWatch) " Analysts say the job cuts and management shuffles announced by Research In Motion Ltd. still do little to address the company's main problem: heavy competition that is taking up share of the ...

 

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