Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Research in Motion lays off 2,000
Research in Motion lays off 2,000

The BlackBerry maker is slashing more than 2,000 jobs -- or roughly 10% of its workforce -- in an effort to streamline its business amid dwindling demand for its smartphones.

Once the leader of North America's smartphone market, BlackBerry sales have waned recently as Apple's iPhone and Google's Android have gained market share.

Since launching in April, Research in Motion's PlayBook has also struggled to compete with the iPad and other tablets.

The Waterloo, Ontario-based company has said its job cuts are focused on "eliminating redundancies and reallocating resources to focus on areas that offer the highest growth opportunities."



Last updated August 03 2011: 12:30 PM ET
Join the Conversation
Ivy League grad, no job

These young job seekers graduated into the worst labor market since the Great Depression.