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©dirk-ercken-dreamstime.com Electronics Production | May 28, 2012

Report: RIM preparing for massive cuts

Rim is preparing for a massive global restructure that could cost around 2000 jobs according to a news report.
Citing “several people close to the company”, the Globe and Mail said RIM's restructuring plans would affect the company's employees worldwide. The company currently has a total of 16,500 employees.

The layoffs are expected to be announced on June 1, a day before the company's first quarter ends, however some sources said the announcement could arrive sooner.
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