layoffs

Things aren't getting any easier for BlackBerry smartphone maker Research in Motion (RIM). With its new products experiencing repeated delays, the Canadian firm continues to struggle to maintain a viable presence in the mobile market. Now, there's ... word the company has decided to lay off 2,000 of its workers worldwide. This is the second time RIM has been forced to execute significant lay offs. Last summer the company cut about the same number of workers, most of whom were based at the company's headquarters in Waterloo, Ontario, Canada. Executive Restructuring Fails to Stop Bleeding RIM's ... (view more)

In late July, Intel's sales and profits for Intel were its lowest since 2004, supporting the inception of the company's efficiency analysis launched in April. Intel is currently strategically restructuring its operations to revive growth and refocus ... on the company's core chip operations. Intel is putting its efforts into a product overhaul and PC price cuts to regain market share lost to rival Advanced Micro Devices Inc (AMD). (Source: marketwatch.com ) Intel spokesperson, Chuck Mulloy recently revealed that the results of Intel's efficiency analysis would be divulged by the end of September ... (view more)