RIM makes staff reductions – heads start rolling in Waterloo

• 22/06/2011


Things aren’t looking so good for Research In Motion based out of Waterloo, ONT in Canada. The company has seen better days, and many are starting to believe that RIM is ready to sell as the daily news continues to report RIM’s loss in the mobile marketshare. A few things lead to this, Apple and Android’s dominance in the smartphone market, RIM’s long overdue answer back with better gadgets in the wake of Apple and Google’s mobile market claim, a few executive changes which always makes people weary of stability within any company, and finally the poor response to their late entry in the ever growing Tablet market with the BlackBerry PlayBook.

All of these things spell doom for RIM, just as they did for Nokia (who was able to hold on for a few more months after the deal with Microsoft). As a result, RIM has began to cut jobs in Waterloo by a start of 200 people out of 9000 located in Waterloo, ON. The reason for the cuts given by RIM is to streamline operations to regain focus for new products down the road.

This doesn’t look good for them.

[Via – MobileSyrup | Globe]

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Tags: Android, apple, bbm, bbos, Blackberry, canada, job cut, lay off, market, microsoft, nokia, Research in Motion, RIM, Waterloo

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