/
1x
Advertisement

True North Strong Free. Subscribe today.

RIM expected to layoff thousands in coming days

Add Maclean's(opens in a new tab)

The makers of BlackBerry could issue as many as 6,000 layoff notices to employees all over the world in a matter of days, the Financial Post reports.

As the Waterloo, Ont.-based Research in Motion continues to struggle, the company is seeking to cut $1 billion in costs.

From the Post:

The job losses are expected to be broad-based and affect RIM’s legal, marketing, sales, operations and human resources division. (...) RIM currently has about 16,500 staff worldwide, down from its peak of roughly 20,000.

Advertisement

(...) Several sources close to the company told Reuters that RIM has been letting more junior staff go for several months in what has come to be known internally as ‘Goodbye Thursdays,’ because the cuts typically occurred on that day of the week.

Get the Best of Maclean’s straight to your inbox.

Sign up for news, commentary and analysis. Join 60,000+ Canadian readers.

By signing up, you agree to our terms of use and privacy policy. You may unsubscribe at any time.