Research in Motion, the makers of BlackBerry smartphones, announced that it will be downsizing its workforce by cutting down 2000 jobs. The job reduction covers all across all functions and spans North America and other countries. RIM said the job cut is as part of its cost optimization program focused on eliminating redundancies and allocating its resources to areas that offer the highest growth opportunities.
RIM also added that it will start notifying the affected employees as early as this week. All affected employees will receive severance packages and support for outplacement.
Although RIM is getting hit hard by the growth of Apple iPhone and Android smartphones, RIM has been growing during the last five year. Actually, it has quadrupled its workforce in the last five years alone. After the workforce reduction RIM will have about 17,000 employees worldwide.