Tuesday, June 21, 2011

RIM Starts “Headcount Reduction” With 200 Laid Off in Waterloo

Pink Slip

The latest rumor circulated by the Waterloo Region Record (Via Reuters) is that the “headcount reduction” RIM mentioned on their earnings call has started. According to CBC News these layoffs are mostly in manufacturing which is odd since that is where you would think RIM would be focusing on a trifecta of R&D, manufacturing, and development to “accelerate product introduction.” On the other hand they may be simply getting rid of dead weight if you consider that RIM has over 17,000 employees with 9,000 in Waterloo.

I was really gunning for RIM firing the third of the RIM legal team that holds up all of their projects but here is to hoping for next time. My condolences to those who were laid off. I hope you find promising opportunities elsewhere. You can discuss what you think of these layoffs in the forums.

Thanks Brian & Ashley for sending this one in. Image Credit via NYT

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