16°c Clear
25°c Variable cloudiness
Winnipeg Free Press - PRINT EDITION
RIM on verge of further cuts: source
TORONTO -- Research In Motion is making further reductions across its operations as a source confirmed Wednesday that it will shutter its North American retail stores, while a separate report suggests the BlackBerry-maker is about to cut another 3,000 jobs.
The Waterloo, Ont.-based company declined to confirm a report from online magazine Cantech Letter which says further workforce reductions will be revealed on Aug. 13.
According to the report, the cuts would be in addition to the 5,000 layoffs the company announced earlier this year.
RIM has been making drastic reductions across its operations to help counter faltering sales of its smartphones, particularly in North America.
A source familiar with its RIM's retail presence said that its last existing storefront and nine airport locations would also soon shut down.
A spokesman for the company would only say that RIM's Boston retail store has already closed.
"We're constantly studying the consumer market and how customers make purchases," said an emailed statement from RIM representative Nick Manning.
"Consumers still have many options to buy BlackBerry products from over 20,000 retail locations in the U.S. and online."
-- The Canadian Press
Republished from the Winnipeg Free Press print edition August 2, 2012 B5
More Business
- Back to Top
- Return to Business
More Business
(1 of 50 articles for this week)
Facebook CEO Mark Zuckerberg, SKorean president discuss South Korean startups
12:24 AM 0
Poll
Most Popular Business
- St. Vital Centre's energy savings help managers snag BOMA awards
- Manitoba Movers
- NY, Va. 7-Eleven stores raided as US accuses owners and managers of exploiting immigrants
- N.D. oil spurs $4.1-B outlay for railroad
- Is legal pot ready for a "Starbucks" brand? Activists say no, but a businessman tries his luck
- MTS, Rogers extend LTE deal
- Netflix to run 300 hours of original TV series from DreamWorks Animation in multi-year deal
- New owner for lumber stores
- Hong Kong flight with passenger who claimed everybody poisoned lands in US; police greet plane
- Warren Buffett -- Winnipeg-style
- Sobeys expanding reach in Western Canada with Safeway acquisition
- Former Winnipeg financier linked to offshore companies
- Aircraft maintenance engineer taking off
- Two CBC reporters freed after being detained in Turkey
- Toronto condo market poses economic risk to Canada
- St. Vital Centre's energy savings help managers snag BOMA awards
- New owner for lumber stores
- Fund helps entrepreneurs fly
- Canadian credit unions an eye-opener
- Tours to see Arctic icons up as overall tourism trade rebounds
- New owner for lumber stores
- Earls Pembina says goodbye after 18 years
- Sobeys expanding reach in Western Canada with Safeway acquisition
- Grove Pub to take over former home of Papa George's
- New rules let customers cancel phone contracts without penalty after two years
- MTS to sell Allstream to Egyptian investment group, focus on Manitoba market
- Where is easy street? Survey of city's richest routes may surprise
- Custom-made suits no longer just for the ultra-wealthy
- Eateries brace for Blue blitz
- Chocolate price-fixing charges
- St. Vital Centre's energy savings help managers snag BOMA awards
- Manitoba Movers
- N.D. oil spurs $4.1-B outlay for railroad
- NY, Va. 7-Eleven stores raided as US accuses owners and managers of exploiting immigrants
- Oil more lucrative than mining
- Warren Buffett -- Winnipeg-style
- Historic Masonic Temple sold to consultancy firm for $12.5 million
- Sobeys expanding reach in Western Canada with Safeway acquisition
- Manitoba Movers
- Toronto condo market poses economic risk to Canada
- Cutting edge, made-in-Manitoba tech finds buyer -- in Manitoba
- Richardson to spend $40M to boost ag operations
- Tours to see Arctic icons up as overall tourism trade rebounds
- Google unveils Internet beaming balloons launched into stratosphere
- Fund helps entrepreneurs fly
- St. Vital Centre's energy savings help managers snag BOMA awards
- New owner for lumber stores
- New owner for lumber stores
- Snowbirds: It's that time of year again
- Sobeys expanding reach in Western Canada with Safeway acquisition
- Custom-made suits no longer just for the ultra-wealthy
- New rules let customers cancel phone contracts without penalty after two years
- Where is easy street? Survey of city's richest routes may surprise
- Value Partners cracks $1-B mark in assets
- MTS to sell Allstream to Egyptian investment group, focus on Manitoba market
- Manitoba Movers
- Grove Pub to take over former home of Papa George's
Ads by Google
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.
Have Your Say
New to commenting? Check out our Frequently Asked Questions.
Have Your Say
Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?
Login SubscribeHave Your Say
Comments are open to Winnipeg Free Press Subscribers only. why?
SubscribeThe Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.