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There is a fundamental business reality however that following an extended period of hyper growth (during which RIM nearly quadrupled in size over the past 5 ye
by orky56 15y ago
There is a fundamental business reality however that following an extended period of hyper growth (during which RIM nearly quadrupled in size over the past 5 years alone), it has become necessary for the company to streamline its operations in order to allow it to grow its business profitably while pursuing newer strategic opportunities.
So basically they're saying they're taking a break from innovating and will spend a little while just cleaning up shop. Do they not realize they can't just rest on their laurels while the rest of the industry leaves them behind? Take a look at Nokia!
- kragen 15y agoI didn't read that as "we're taking a break from innovating". I read it as "we're about to do massive layoffs because we're gonna abandon our most successful products and bet the company on something unproven". But I don't know anything about what's going on with RIM.
- silvestrov 15y agoDidn't Google grow a lot more than 400% over 5 years? I can't really see this as a proper excuse.
- staktrace 15y agoThink of it as a company refactoring to remove cruft and deal with accrued managerial debt.