Winnipeg Free Press - PRINT EDITION

RIM on verge of further cuts: source

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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

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