. Military Space News .




.
CHIP TECH
RIM cutting 2,000 jobs, COO retiring
by Staff Writers
Montreal (AFP) July 25, 2011

BlackBerry maker Research In Motion (RIM) announced Monday it was cutting 2,000 jobs and that its ailing chief operating officer planned to retire.

RIM, which is facing increased competition from Apple's iPhone and mobile phones running Google's Android software, revealed plans last month to slash jobs this quarter in a bid to "streamline operations."

The job cuts announced Monday amount to just over 10 percent of the global workforce of the Waterloo, Ontario-based company.

RIM said in a statement that it would have around 17,000 employees when the layoffs are complete.

"The workforce reduction is believed to be a prudent and necessary step for the long-term success of the company," RIM said. "It follows an extended period of rapid growth within the company whereby the workforce had nearly quadrupled in the last five years alone."

RIM said the financial impact of the job cuts will be disclosed when the company announces its second quarter results on September 15.

RIM also said that chief operating officer Don Morrison, who is on temporary medical leave, planned to retire after more than 10 years with the company.

Morrison will be replaced by Thorsten Heins and Jim Rowan, who will split the COO duties.

"Don's presence at RIM will be missed, but our senior management and sales teams had already stepped up to manage Don's responsibilities since the commencement of his medical leave," RIM co-chief executives Jim Balsillie and Mike Lazaridis said.

"We're confident in the ability of those teams to continue Don's tradition of success going forward," they said.

RIM said Heins will be COO for product and sales and would be in charge of the company's hardware and software teams.

As COO for operations, Rowan will be responsible for RIM's manufacturing, global supply chain, repair services, organizational development and facilities management.

RIM's most famous product, the BlackBerry, is a favorite of businesses around the world but the company has struggled against the iPhone and Android devices in the consumer space.

A touchscreen tablet computer, the BlackBerry PlayBook, released in April to compete with Apple's popular iPad, received desultory initial reviews.

RIM shares were down 2.01 percent at $27.35 in early trading on Wall Street.




Related Links
Computer Chip Architecture, Technology and Manufacture
Nano Technology News From SpaceMart.com

.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



CHIP TECH
Soft Memory Device Opens Door To New Biocompatible Electronics
Raleigh NC (SPX) Jul 18, 2011
Researchers from North Carolina State University have developed a memory device that is soft and functions well in wet environments - opening the door to a new generation of biocompatible electronic devices. "We've created a memory device with the physical properties of Jell-O," says Dr. Michael Dickey, an assistant professor of chemical and biomolecular engineering at NC State and co-au ... read more


CHIP TECH
US senators voice worry over radar deal with Turkey

New Missile Warning Satellite Delivers First Infrared Imagery

STSS Demonstration Satellites Demo New Remote Cueing Capabilities During Aegis Test

Israel to join U.S. Mideast missile shield

CHIP TECH
Iran says fired missiles into Indian Ocean

Northrop Grumman-Led ICBM Prime Integration Team Participates in Test Launch of Minuteman III Missile

Taiwan testfires own sub-launched missile: report

Raytheon UK Awarded Four-Year Support Contract for U.K. Paveway

CHIP TECH
France tips Dassault to supply new drones

U.S., Iran spar over downed drone claim

Pakistan drone crashes near oil refinery: navy

Brazil unmanned aircraft hunt drug gangs

CHIP TECH
Raytheon BBN Technologies Awarded DoD Contract to Develop a Secure, Attributed Military Network System

Northrop Grumman's On-Demand Intelligence System Used for the First Time

Lockheed Martin Team Delivers Joint Tactical Radio to the U.S. Government for Integration into First Aircraft Platform

Celebrating 10 years of Artemis

CHIP TECH
Boeing P-8A Poseidon Production Aircraft Completes First Flight

Dogs With Cameras Search for Bombs

First US Navy Demonstration of Joint Tactical Radio Network

Improved Aircraft Survivability and Digital Interoperability

CHIP TECH
Pentagon looks to social media as new battlefield

UK Defence Equipment Budget Rises As Future Force Takes Shape

Oshkosh to Supply 400 Additional M-ATVs to US Forces

Africa increases imports of Ukrainian arms

CHIP TECH
Outside View: An uncommon defense

Eyeing China, Clinton urges India to take leader role

French politicians attack critic of July 14 military parade

Dalai Lama says he will decide successor

CHIP TECH
System Integration of High Energy Laser Technology Demonstrator Completed

Raytheon Acquires Directed Energy Capabilities of Ktech Corporation


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement