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Research in Motion lays off 2,000 workers

posted onJuly 25, 2011
by l33tdawg

Research in Motion said Monday it will lay off 2,000 employees as it struggles to navigate a void in its product line-up as well as lower-than-expected sales.

When the layoffs are complete, RIM will have about 17,000 employees globally. The company said that it will take a charge in its fiscal second quarter and exact figures will be disclosed when RIM reports earning Sept. 15.

Along with the layoffs, RIM is shuffling its executive suite. First, Don Morrison, RIM’s chief operating officer who is currently on medical leave, will retire. Thorsten Heins will become chief operating officer for product and sales. In a nutshell, all product engineering—hardware and software—will be consolidated under Thorsten. Patrick Spence will become managing director of global sales and regional marketing. Spence will report to Heins.

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