RIM streamlines the company, consolidates executive positions

The second time today TechCrunch broke the news. This time it’s the beleaguered Research In Motion whose smartphone business is under serious threat from Apple and Google. The Canadian company is letting 2000 of its employees go, that’s just over 10 percent of its workforce. It also pushes out one COO, and shuffles the others. Balsillie and Lazaridis remain.

RIM streamlines the company, consolidates executive positions