Monday, July 25, 2011

The Sad Chart: RIM to Cut 2,000 Jobs, 11% of Workforce

What a sad chart:

The big news for today: Research In Motion said it will cut about 2,000 jobs, or 11 percent of it workforce, and... that severance payout is not included its second-quarter and full year outlook.

Chief Operating Officer Don Morrison is planning to retire and Thorsten Heins is taking on the expanded role of COO, product and sales.

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