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RIM to cut 2,000 jobs in shake-up

RIM to cut 2,000 jobs in shake-up

Buy Papers Blackberry manufacturer Research in Motion has said it is to cut 2,000 jobs as part of a shake-up of its operations.

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Higher English Critical Essay Help The planned job cuts would account for 11% of the Canadian firm’s workforce.

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Custom0essays.org The firm also announced that its chief operating officer (COO) Don Morrison is planning to retire.

He will be replaced by Thorsten Heins, currently COO of products at the firm, who will take on an expanded role including products and sales.

The news comes after RIM announced in June that it had missed its lowered profit forecasts and reduced its predictions for the full year.

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Essay Editing Service Online The company’s share price has fallen by more than 50% since the start of the year.

Read More/Source: BBC News

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