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June 20, 2012 11:03 am EDT

RIM reportedly firing up to 6,000 in $1 billion savings drive

RIM reportedly firing between 2,000  6,000 in $1 billion savings drive

The Waterloo Record is reporting that RIM is laying off a portion of its workforce as part of its cost-cutting review process. It's believed that between 2,000 and 6,000 employees could be let go as the troubled company attempts to save $1 billion by the end of the fiscal year. Company watcher Martin Chmiel took to Twitter to say that the manufacturing team had been hardest hit, with hundreds of people departing in the past 24 hours.

RIM reportedly firing up to 6,000 in $1 billion savings drive originally appeared on Engadget on Wed, 20 Jun 2012 07:03:00 EDT. Please see our terms for use of feeds.

PermalinkMobilesyrup | sourceThe Waterloo Record, Martin Chmiel (Twitter) ||Comments

Original Link: http://www.engadget.com/2012/06/20/rim-layoffs/

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