Research in Motion to cut 2,000 jobs this week
The New York Times reported this morning that Research In Motion is cutting 2,000 jobs as part of a cost savings plan announced last month and is shuffling some senior executives. The job cuts amount to about 10 percent of the company's work force.
RIM will notify affected employees this week. It expects to give more information on the layoffs when it reports fiscal second-quarter results on September 15th.
RIM also announced that it is naming two executives to take on different parts of the chief operating officer role. COO Don Morrison went on medical leave in June.
Thorsten Heins is being named chief operating officer, product and sales. Jim Rowan will become COO, operations. Morrison is retiring after more than 10 years with the company.