Breaking News

Micron Announces New 2600 NVMe SSD HighPoint Launches Next-Gen External PCIe Gen5 x16 Switching Adapter LG Display Begins Mass Production of Ultimate Gaming OLED Panel with 4th-Generation OLED Technology PlayStation Plus Monthly Games for July 2025 Samsung Releases Smart Monitor M9 With AI-Powered QD-OLED Display

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Research In Motion Details  Cost Optimization Program

Research In Motion Details Cost Optimization Program

Smartphones Jul 25,2011 0

Research In Motion Limited (RIM) today provided an update on changes in responsibilities amongst the company's senior management team, as well as additional details about a cost optimization program. The changes are intended to create greater alignment of the organization and to streamline RIM's operations in order to better position the company for future growth and profitability.

The company announced a number of management changes as well as a workforce reduction, which is believed to be "a prudent and necessary step for the long term success of the company and it follows an extended period of rapid growth within the company whereby the workforce had nearly quadrupled in the last five years alone."

As part of this effort, RIM is reducing its global workforce across all functions by approximately 2,000 employees. RIM intends to notify impacted employees in North America and certain other countries this week. 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, RIM said.

Following the completion of the workforce reduction, RIM's global workforce is expected to be approximately 17,000 people.

Tags: Research In Motion (RIM)
Previous Post
Avatar Kinect Now Available
Next Post
Thirty-Five Percent of Consumers Will Purchase iPhone 5

Related Posts

  • Blackberry Shareholders Company's Approve New Name

  • New BlackBerry Q5 Announced For Select Markets

  • Images Of New BlackBerry Handset Apppear Online

  • BlackBerry Z10 Smartphone Launches in the United States Today

  • BlackBerry Previews Secure Work Space Technology for Android, iPhone Platforms

  • New BlackBerry World to Include Songs, Latest Movies and TV Shows

  • RIM Unveils Lower BlackBerry World Price Tiers

  • Lenovo Interested In Buying RIM: report

Latest News

Micron Announces New 2600 NVMe SSD
Enterprise & IT

Micron Announces New 2600 NVMe SSD

HighPoint Launches Next-Gen External PCIe Gen5 x16 Switching Adapter
Enterprise & IT

HighPoint Launches Next-Gen External PCIe Gen5 x16 Switching Adapter

LG Display Begins Mass Production of Ultimate Gaming OLED Panel with 4th-Generation OLED Technology
Enterprise & IT

LG Display Begins Mass Production of Ultimate Gaming OLED Panel with 4th-Generation OLED Technology

PlayStation Plus Monthly Games for July 2025
Gaming

PlayStation Plus Monthly Games for July 2025

Samsung Releases Smart Monitor M9 With AI-Powered QD-OLED Display
Enterprise & IT

Samsung Releases Smart Monitor M9 With AI-Powered QD-OLED Display

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Arctic Liquid Freezer III 420 - 360

Arctic Liquid Freezer III 420 - 360

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

Noctua NH-D15 G2

Noctua NH-D15 G2

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed