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July 31, 2012
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RIM said to lay off 3000 more on august 13th

Martin Gicheru by Martin Gicheru
July 31, 2012
in News
Reading Time: 1 min read
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RIM Blackberry

RIM BlackberryStill on a cost cutting mission, RIM is said to be in plans to cut 3000 more jobs off the existing labour-force. The impact will be mostly felt by the employees in customer service, human resources, marketing and repair service. The only guys who will be safe from the axe are those working on Blackberry 10 who’s launch has since been postponed to Q1 2013, and the people handling the enterprise division. The job cuts will happen on the 13th of August, just before the end of the company’s second quarter according to Cantechletter sources.

Rim has previously done cost cut measures in way of layoffs and also selling off of one of the company jets. The job cuts will leave RIM with around 10,000 employees globally, down from almost 20,000. RIM is hoping to achieve a $1 billion savings from the restructure cost cut measure, to act as a buffer for the reduced revenues. RIM recently revealed losing $518 million and the revenues had also gone down by a third to $2.8 billion. The company hopes to be on an upward turn with the unveiling of Blackberry 10 devices and OS early next year and believes that the new OS will bring back the glam that was Blackberry.

Tags: Blackberry 10RIM
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Martin Gicheru

Martin Gicheru

Martin is the Managing Editor at Techweez, passionate about personal tech and telling stories of consumer experiences. Talk to me: martin@techweez.com

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