Research In Motion’s recently appointed CEO Thorsten Heins emerged from his self-imposed 10-week quiet period by dropping a number of bombshells. Former co-CEO Jim Balsillie has resigned from the board of directors. Several other executives, including Chief Technical Officer David Yach and Chief Operating Officer Jim Rowan, are also leaving. The layoffs are said to include a number of senior vice presidents and vice presidents as well. Heins simply had to do something drastic. Along with news of the corporate overhaul, the company released yet another dismal financial earnings report.
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RIM Goes for Broke
Posted by: Erika Morphy March 30, 2012 11:30 AMResearch In Motion’s recently appointed CEO Thorsten Heins emerged from his self-imposed 10-week quiet period by dropping a number of bombshells. Former co-CEO Jim Balsillie has resigned from the board of directors. Several other executives, including Chief Technical Officer David Yach and Chief Operating Officer Jim Rowan, are also leaving. The layoffs are said to include a number of senior vice presidents and vice presidents as well. Heins simply had to do something drastic. Along with news of the corporate overhaul, the company released yet another dismal financial earnings report.