Breaking News

Samsung Introduces Galaxy Tab S12 Series PlayStation Plus Monthly Games for October 2026 Logitech announces Zone Vibe Pro Headset Razer Expands Sanrio Collection With Pompompurin Eared Headset And Kuromi Earbuds TerraMaster Launches Storage Upgrade Season with Up to 30% Off During Prime Big Deal Days

logo

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

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

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

Samsung Introduces Galaxy Tab S12 Series
Consumer Electronics

Samsung Introduces Galaxy Tab S12 Series

PlayStation Plus Monthly Games for October 2026
Gaming

PlayStation Plus Monthly Games for October 2026

Logitech announces Zone Vibe Pro Headset
Consumer Electronics

Logitech announces Zone Vibe Pro Headset

Razer Expands Sanrio Collection With Pompompurin Eared Headset And Kuromi Earbuds
PC components

Razer Expands Sanrio Collection With Pompompurin Eared Headset And Kuromi Earbuds

TerraMaster Launches Storage Upgrade Season with Up to 30% Off During Prime Big Deal Days
Enterprise & IT

TerraMaster Launches Storage Upgrade Season with Up to 30% Off During Prime Big Deal Days

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

SoundPeats C30

SoundPeats C30

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

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