New RIM CEO issues "Business Update Press Release"

Things continue to look grim for the makers of the Blackberry platform. First, the company issued an “inventory write down” which means the company has more stock in their warehouses then it could sell during the first quarter of 2012. Now, the company has also issued a “Business Update Press Release” which appears below: WATERLOO, […]

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RIM to ax 2,000 jobs

“Patrick Spence, who quit this week as Research In Motion Ltd.’s global sales chief, was not the first senior executiveto 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 […]

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