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RIM Firing (Nearly) Everybody

Posted by samzenpus on from the end-of-the-line dept.

itwbennett writes "Research in Motion (RIM) reported grim Q4 results Thursday and announced sweeping personnel changes. Leading the parade of departing execs is Jim Balsillie, former co-CEO of the company, who has given up his board seat. David Yach, who has been CTO of software for the company for 13 years, is retiring. And Jim Rowan, chief operating officer of global operations, who has been with the company for four years, is leaving to pursue other interests."

3 of 440 comments (clear)

  1. Misleading title by Anonymous Coward · · Score: 5, Informative

    The title of this story is misleading.
    There is nothing about firing in the source article.

    1. Re:Misleading title by Anonymous Coward · · Score: 5, Informative

      Also it is just the executive level is leaving. The headline seems to imply the whole company is shutting down, which is not the case.

  2. Re:Boggles mind to think about how they squandered by jeffmeden · · Score: 5, Informative

    Having only recently gotten into the smartphone game (July 2011), I didn't really know anything about the industry back when RIM/Blackberry was king.

    But now, having read some about it... wow, what a waste. They basically had huge, fat, margins, essentially no competition in the smartphone arena, for almost five years - and freaking sat on it and did almost nothing. Meanwhile Apple and Google were in the lab inventing the future. Unbelievable.

    Like most Canadians the story concerns me because what does it say about the country?

    Go back and read about the NTP settlement. RIM was brutalized in a way that's hard to compare. And those fat margins? Every penny went to paying the patent troll under the bridge so they could take their phones to market.