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RIM set to save US $ 1 Billion, will Lay Of 6000 + employees

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RIM set to save US $ 1 Billion, will Lay Of 6000 + employees

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The Waterloo Record  reports that RIM is all set to lay off unto or more than 6000 of its staff in an effort to save US $ 1 Billion in expenses, as a part of their cost cutting drive.  It’s believed that between 2,000 and 6,000 employees could be let go as the troubled company attempts to save $1 billion by the end of the fiscal year.

According to reports the manufacturing team has been hit the hardest with hundreds of people already been laid of in the past 24 hours. 

[The Waterloo Record]

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AdityaT
AdityaT
iGyaan News Correspondent, an Intern, Technology lover, iGyaan hippie