6/20/2012 2:21:51 PM
RIM to cut more jobs
BlackBerry manufacturer Research In Motion (RIM) is looking to cut more jobs in a bid to save $1bn in operating expenses.
Tenille Kennedy, a spokeman for the Canadian company, said: ‘RIM has committed to achieving significant efficiencies and operating cost reductions over the course of this fiscal year. Headcount reductions are part of this initiative.’
RIM has previously said it aims to save $1bn in operating costs annually by cutting the number of manufacturing sites, according to Bloomberg.
The company is also ‘reviewing its organisational efficiency’ across the business.
Electronics supplier Celestica Inc. announced this week it will cease manufacturing BlackBerry phones as part of RIM’s effort to streamline its supply chain.