Cable / Telecom News

RIM will trim more than 10% of workforce as part of cost-cutting

WATERLOO, ON – Research In Motion (RIM) will let go approximately 2,000 employees this year and make changes to its executive structure as part of a “cost optimization program”, the BlackBerry-maker said Monday.The job cuts will trim the company’s global workforce by more than 10% to about 17,000 people. RIM said that it will notify impacted employees in North America and certain other countries this week, and that the remainder of the global workforce reductions will occur at a later date subject to local laws and regulations. All impacted employees will receive severance packages and outplacement support.“The workforce reduction is...