Toronto: Reeling under a heavy market loss and facing a stiff competition in the market, BlackBerry maker’s Research In Motion Ltd (RIM) is planning to do a major job cut in the next couple of weeks worldwide.
According to reports, at least 2000 job cuts will happen worldwide around June 1 - a day before the RIM’s first quarter ends. However, some people close to the company expect the announcement even earlier.
The layoffs are expected to sweep across departments including the legal, human resources, finance, sales and marketing units.
Once the dominant player in the wireless e-mail sector, RIM has lost market share amid fierce competition from Apple Inc and phones running on Google Inc's Android software.
First Published: Saturday, May 26, 2012, 20:07