BlackBerry-Maker RIM Starts Issuing Pink Slips

Research in Motion, the embattled manufacturer of BlackBerry, has begun cutting jobs only a few days after it announced plans to slash its workforce, according to a newspaper report.

A number of employees have received layoff notices after arriving for work, reported the Waterloo (Ont.) Region Record, which is based in the same Canadian city as RIM.

The newspaper cited reports that as many as 200 employees were let go, but the Record could not confirm the numbers.

In its earnings announcement last Thursday, RIM revealed plans to reduce its workforce, but the company did not specify the number of anticipated job cuts. The company has been suffering the past few months as its smartphone market share has taken a nosedive, as has its stock price.

RIM employs 17,500 globally, including roughly 9,000 individuals in Waterloo Region.

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