NEW YORK (CNNMoney) — Research In Motion, the maker of BlackBerry devices, said Monday that it would cut more than 2,000 jobs as part of a previously announced cost-cutting effort.
The Waterloo, Ontario-based company said the cuts amount to over 10% of its total workforce. RIM’s headcount will be reduced to about 17,000 after the pink slips are handed out this week.
Shares of RIM fell more than 1% in premarket trading.
Full Story: BlackBerry maker RIM lays off 10% of workforce