Thursday, May 23rd 04:10 PM IST

Canada’s RIM to cut at least 2000 jobs – report

by May 27, 2012

TORONTO (Reuters) – Research In Motion Ltd(RIM.TO) is preparing for a major restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000 jobs worldwide, the Globe and Mail reported on Saturday, citing unnamed sources.

The Canadian newspaper, citing several people close to the company, reported that the next round is layoffs is said to be planned for around June 1 – a day before the BlackBerry smartphone maker’s first quarter ends – but some expect the announcement even earlier.

One source close to the company told Reuters the impending layoffs could hit as many as 6,000 people and affect RIM’s legal, marketing, sales, operations, and human resources divisions.

“The strategic question is: are you accelerating into a better future or shrinking to a niche operation,” said the source, who declined to be identified due to the sensitive nature of the job cuts.

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