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There's a difference between turning the company around and buying enough runway to do it in. RIM's profits are down, due to the fact that they aren't selling
by bmelton 15y ago
There's a difference between turning the company around and buying enough runway to do it in.
RIM's profits are down, due to the fact that they aren't selling as many devices as they used to. This means they don't need as many people to make and support the devices, as well as that they don't have as much money to keep paying them to do things that aren't needed.
Layoffs are always a touchy subject, and the corporate adage is usually that they have to challenge the remaining employees to "do more with less". The unspoken side of that is that they honestly don't have as much to do as they did before, and so in reality, they're doing the same with the same, proportionally.