We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

RIM to slash 2,000 jobs

Cuts follow fall in profit

Research in Motion (RIM), manufacturer of BlackBerry devices, has revealed it will slash 2,000 jobs.

The cuts will see 11 percent of the firm’s Canadian workforce laid-off after the tech firm said its profits from February to Mach this were $695m, down from $769m the previous year and well below the estimated levels.

Furthermore, RIM had slashed its profit expectations for the rest of the year. The company blamed reduced shipments of its BlackBerry smartphones.

The company also said Chief operating officer Don Morrison will retire with Thorsten Heins replacing him.

Further details about the job cuts are expected on on September 15 when the firm will reveal its second quarter results.


IDG UK Sites

Best Black Friday 2014 tech deals: Get bargains on smartphones, tablets, laptops and more

IDG UK Sites

What the Internet of Things will look like in 2015: homes will get smarter, people might get fitter

IDG UK Sites

See how Trunk's animated ad helped Ade Edmondson plug The Car Buying Service

IDG UK Sites

Yosemite tips: Complete Guide to OS X Yosemite