Breaking News

Xiaomi Unveils Xiaomi 17 Ultra Firewalla App 1.67 Brings Enterprise Wi-Fi, RADIUS, and Advanced AP7 Controls to Small Businesses and Power Users Samsung To Unveil AI Vision Built With Google Gemini at CES 2026 Samsung Unveils New Odyssey Gaming Monitor Lineup COLORFUL Launches iGame GeForce RTX 50 MINI OC Series Graphics Cards for Compact PCs

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

Xiaomi Unveils Xiaomi 17 Ultra
Smartphones

Xiaomi Unveils Xiaomi 17 Ultra

Firewalla App 1.67 Brings Enterprise Wi-Fi, RADIUS, and Advanced AP7 Controls to Small Businesses and Power Users
Enterprise & IT

Firewalla App 1.67 Brings Enterprise Wi-Fi, RADIUS, and Advanced AP7 Controls to Small Businesses and Power Users

Samsung To Unveil AI Vision Built With Google Gemini at CES 2026
Consumer Electronics

Samsung To Unveil AI Vision Built With Google Gemini at CES 2026

Samsung Unveils New Odyssey Gaming Monitor Lineup
Consumer Electronics

Samsung Unveils New Odyssey Gaming Monitor Lineup

COLORFUL Launches iGame GeForce RTX 50 MINI OC Series Graphics Cards for Compact PCs
GPUs

COLORFUL Launches iGame GeForce RTX 50 MINI OC Series Graphics Cards for Compact PCs

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

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