Research In Motion is issuing pink slips as part of a massive cost-cutting effort that could save the company $1 billion in expenses. RIM is reportedly laying workers off in small batches, starting with the quality control, operations and parts departments. The company is also looking to cut costs by restructuring its supply chain. Earlier in the week, electronics supplier Celestica announced that over the next six months it will wind down its BlackBerry device manufacturing services.
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RIM Sheds More Flesh in Long, Hard March to BB10
Posted by: Rachelle Dragani June 20, 2012 02:45 PMResearch In Motion is issuing pink slips as part of a massive cost-cutting effort that could save the company $1 billion in expenses. RIM is reportedly laying workers off in small batches, starting with the quality control, operations and parts departments. The company is also looking to cut costs by restructuring its supply chain. Earlier in the week, electronics supplier Celestica announced that over the next six months it will wind down its BlackBerry device manufacturing services.