RIM Layoffs Have Begun

Share This Post


It has been reported that RIM has let go “hundreds” of employees in the past 24hrs. Take it for what it is worth, unfortunately what has to be done is being done.

Tenille Kennedy, RIM’s spokesperson, reportedly confirmed to the Waterloo Record that layoffs started today and they “may continue to do so as the company methodically works through a review of the business. “RIM has committed to achieving significant efficiencies and operating cost reductions over the course of this fiscal year. Our financial target is to drive at least $1 billion in savings by the end of fiscal 2013… Head count reductions are part of this initiative,”

Source: Waterloo Record

Related Posts

Future-Proofing Your QA Department: Metrology Hardware Trends to Watch

Manufacturing tolerances are tightening every year. Buyers expect perfection,...

The 171 Deals That Didn’t Happen: Q1 2026’s Hidden PE Story

Global PE M&A dropped by 171 transactions in Q1 2026, but the aggregate dollar figure climbed. The 171 missing deals are the real story — and they reveal a mid-market under structural pressure.

How to Get Featured in Yahoo Finance in 2026 (The Insider Playbook)

The difference between brands that succeed at getting featured...

How Insignia Properties Is Changing the Way Karachi Invests in Real Estate

Karachi’s property market has always attracted attention, but the...

Top 5 Affordable Web Design Services in Sioux Falls

Local businesses in Sioux Falls, Brandon, Harrisburg, and the...

5 Media Placement Firms That Deliver Coverage in Under a Week

Choosing the right partner for media placement services requires...