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BlackBerry Maker Issues Dire Warning, Layoffs Loom

BlackBerry Maker Issues Dire Warning, Layoffs Loom

By Rob Gillies TORONTO -- BlackBerry-maker Research in Motion has hired a team of bankers to help it weigh its options as its business erodes in the face of an exodus to the iPhone and Android smartphones. RIM issued a dire warning about its business Tuesday, saying it is losing money for the ...

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More BlackBerry Execs Quit As Layoffs Loom

More BlackBerry Execs Quit As Layoffs Loom

By Alastair Sharp TORONTO -- The top lawyer at Research In Motion Ltd. has resigned and will soon leave the struggling BlackBerry maker, RIM said on Monday. She joins a parade of long-time company executives to depart since Thorsten Heins took over as CEO earlier this year. The loss of Chief Legal Officer ...

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Nokia To Slash 3,500 Jobs By 2012

Nokia To Slash 3,500 Jobs By 2012

By MATTI HUUHTANEN HELSINKI (AP) -- Nokia Corp. on Thursday announced a further 3,500 job cuts by 2012 as it strives to save costs while its global market share continues to fall in stiff competition against rivals. The Finnish cellphone maker said it will close a manufacturing plant in Cluj, Romania, by ...

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