Do you know what's the severance package?
100 folks got cut today, this is probably 30th layoff cycle we went through, it'll never stop. i've been with RIM for about five years now, and it's really horrible what happened to us - we had the momentum but a little bit of greed and ton of... — read more
Troubled smartphone maker BlackBerry has agreed to be bought out by a consortium to be led by hedge fund Fairfax Financial Holdings Limited. But this pending acquisition is unlikely to reverse BlackBerry’s plans to cut 40 percent of its workforce... — read more
BlackBerry says it will lay off 4,500 employees, or 40 percent of its global workforce, as it reports a nearly $1 billion second-quarter loss in a surprise early release of earnings results. The stock dropped 19 percent to $8.50 after reopening for... — read more
BlackBerry, formerly known as Research in Motion, has seen its market share threatened by Android and Apple devices. Half way through 2012 it announced a layoff of 5,000 employees in an effort to restructure.
Rimm is going strong