It’s never a happy subject to cover when job losses are involved. They always seem to come at the worst possible moments, culminating in changes that are unwelcome. Unfortunately, they are also a part of the corporate world, especially with today’s economy.
According to Cantech Letter anonymous sources, up to 3,000 Research in Motion (RIM) employees — the amount remaining for the company’s previously announced cuts of 5,000 — will take place. RIM wants to complete the layoffs before the end of its second quarter, which ends August 31st, say sources close to the company. The date for these layoffs appears to be around August 13th.
The maker of the BlackBerry reported the worst quarter in its history in late June, with a net loss of $518 million USD for Q1 2012. In addition, the company delayed its upcoming BlackBerry 10 OS to Q1 2013.
It is very unfortunate to hear about these additional layoffs, but hopefully the saved profit will allow for RIM to penetrate other areas needing additional funding.