“Patrick Spence, who quit this week as Research In Motion Ltd.’s global sales chief, was not the first senior executive to leave the struggling BlackBerry maker this spring and he will not be the last, as the company prepares for thousands of additional layoffs,” Iain Marlow reports for The Globe and Mail Update.
“A number of senior managers have departed RIM since the January management shakeup that installed Thorsten Heins as its new chief executive officer, sources say – and what has been a steady trickle is about to speed up dramatically,” Marlow reports. “RIM, according to several people close to the company, is preparing for a major global restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000 jobs across its worldwide operations. One person familiar with the company’s plans said the layoffs may cut even deeper than that. RIM has about 16,500 employees worldwide.”
Marlow reports, “RIM, which has stopped providing earnings guidance amid the recent competitive turmoil, now needs to slim down as it struggles to mount a comeback against rivals with huge resources. ‘They’ve been axing people on the sly for months,” one former RIM executive said. “Lots of guys are being packaged out right now.’ The next round is layoffs is said to be planned for around June 1 – a day before RIM’s first quarter ends on June 2 – but some expect the announcement even earlier.”
Read more in the full article here.
MacDailyNews Take: That’s some playbook you’ve got there, RIM.
Beleaguered RIM’s head of global sales departs BlackBerry maker – May 23, 2012
Beleaguered RIM misses badly on revenue, EPS, unit shipments; Former half-CEO Balsillie resigns; CTO, COO also out – March 29, 2012
Another senior executive exits beleaguered Research In Motion – October 28, 2011
Two more senior staff exit beleaguered BlackBerry maker RIM – September 29, 2011