Has RIM Commenced Job Cuts?

The company is reported to have around 17,500 personnel across the world.

A media report states that the Company announced a cost-optimisation program on Friday and that a number of employees have received layoff notices. Unconfirmed reports claim that more than 200 employees have received the lay off notice.

However a RIM spokesperson has denied the report; he said he had no information about job cuts beyond what was announced during a conference call the company held last week to discuss its first-quarter financial results.

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