BlackBerry maker to cut 2,000 jobs

July 25, 2011 06:00 pm | Updated November 17, 2021 02:47 am IST - NEW YORK

In this July 12, 2011 photo, shareholders walk past protest signs outside the Research in Motion annual meeting in Waterloo, Ontario, Canada. RIM is cutting 2,000 jobs as part of a cost savings plan announced last month.

In this July 12, 2011 photo, shareholders walk past protest signs outside the Research in Motion annual meeting in Waterloo, Ontario, Canada. RIM is cutting 2,000 jobs as part of a cost savings plan announced last month.

BlackBerry maker Research In Motion is cutting 2,000 jobs as part of a cost savings plan announced last month and is shuffling some senior executives.

The job cuts amount to about 10 per cent of the company’s workforce. The Waterloo, Ontario-based company said on Monday it will notify affected employees this week.

It expects to give more information on the layoffs when it reports fiscal second-quarter results on September 15.

Also on Monday, RIM says it is naming two executives to take on different parts of the chief operating officer role. COO Don Morrison went on medical leave in June.

Thorsten Heins is being named chief operating officer (product and sales). Jim Rowan will become COO (operations).

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.