RIM reduces headcount in $1 billion cost-cutting effort

Research In Motion has started cutting jobs as it tries to achieve its stated goal of slashing $1 billion in costs by the end of fiscal 2013, the company said on Wednesday.

The company did not specify the number of jobs cut or where headcount was reduced. The job cuts were in line with a May 29 announcement, when the company said that it would look to reduce headcount and spending, said a RIM spokesman in email.

Source: http://www.infoworld.com/d/mobile-technology/rim-reduces-headcount-in-1-billion-cost-cutting-effort-196094?source=rss_mobile_technology

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