Wednesday, May 30, 2012

RIM loses second executive this week

Things don’t seem to be looking up for Research in Motion this week. First the head of global sales said goodbye to the company. Then the company announced that it would cut around 2,000 jobs worldwide in a desperate attempt to cut costs and streamline its various departments.

Today the company announced that its chief legal officer was also going to step down. Karima Bawa has been with the handset manufacturer for the past 12 years, however the company has known of his departure for a while and has already started looking for a replacement. Karima has been a tireless advocate for RIM’s business during more than a decade of hyper growth and she continues to actively support our business in her chief legal officer role on a daily basis,” RIM president and chief executive Thorsten Heins said in a press statement.

RIM has been struggling to regain market share amidst market leaders Apple and Android. Currently the company is gearing up for its Blackberry 10 release, however many remain skeptical if the new OS is enough to boost dwindling Blackberry sales.

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