The news says Rim has started to give notice of layoffs

Source: Internet
Author: User
In Tuesday, the news of the Beijing time of Sina Science and Technology, the Canadian "Waterloo" reported that Rim had begun to issue layoffs notice.  Rim said in Friday that there would be an unspecified number of layoffs. Rim spokeswoman hasn't commented on the news. Nor did the report give the number of layoffs mentioned in the layoffs notice.  Rim currently employs about 175,000 people worldwide, including 9,000 employees in Waterloo. RIM's share price has fallen by about 27% per cent after disappointing quarterly earnings in Friday and lower full-year earnings forecasts. RIM's share price has fallen by more than 50% per cent so far this year. RIM has failed to catch up with Apple and other companies in the competition for smartphones and Tablet PCs. (D-Gold)

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