Jul 25 2011
Research In Motion Lays Off 10% of Workforce
Research In Motion RIM has layed off 10% of it’s employees as it struggles with its failure to anticipate and react to the smart phone and tablet markets. It is also reshuffling its executives in an effort to streamline operations. RIM has become another Nokia in the smart phone world chasing it’s tail trying to come up with a product that frankly nobody wants anymore.
The iPhone is becoming the dominant phone in the professional marketplace and has features beyond what RIM can produce anymore. RIM would be better served in producing blackberry app’s for businesses on Android and iPhone rather than wasting considerable resources producing hardware such as the PlayBook which cellular providers treated as if it were a leper.
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