Research in Motion, the maker of BlackBerry, announced Monday its intention to eliminate 2,000 jobs, or 11% of its workforce in the face of increased competition from Apple and Google. The principle of job cuts, which was announced last month, is a bit more than expected. "It's not totally unexpected.
The number of job cuts is higher than had been left heard at the beginning, "said analyst Peter Misek of Jefferies & Co." This is obviously focus to realign the cost structure of new growth, that is to say about the reality of sales. " The reduction of the workforce will reduce the number of RIM to about 17 000 employees.
The Canadian group said special charges related to the departures were not included in the prospect of profit for the second quarter and full year. In exchange, the action RIM is down. It loses more than 3% in Toronto and New York. If RIM is still the high-end market for its smartphones, it should not focus its attention on reducing expenses, but their best use, he adds.
The manufacturer of the BlackBerry also announced several changes in the organization of the group. Thus, Don Morrison, Chief Operating Officer, who is on temporary sick leave, retires after more than ten years in the group.
The number of job cuts is higher than had been left heard at the beginning, "said analyst Peter Misek of Jefferies & Co." This is obviously focus to realign the cost structure of new growth, that is to say about the reality of sales. " The reduction of the workforce will reduce the number of RIM to about 17 000 employees.
The Canadian group said special charges related to the departures were not included in the prospect of profit for the second quarter and full year. In exchange, the action RIM is down. It loses more than 3% in Toronto and New York. If RIM is still the high-end market for its smartphones, it should not focus its attention on reducing expenses, but their best use, he adds.
The manufacturer of the BlackBerry also announced several changes in the organization of the group. Thus, Don Morrison, Chief Operating Officer, who is on temporary sick leave, retires after more than ten years in the group.
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