BlackBerry maker RIM posts big quarterly loss, will eliminate 5,000 jobs
ROB GILLIES
TORONTO — Struggling BlackBerry maker Research in Motion Ltd. revealed Thursday that its business is crumbling faster than thought.
The Canadian company posted worse results for its latest quarter than analysts had expected. It’s cutting 5,000 jobs and delaying the launch of its new phone operating system, BlackBerry 10, on which it’s pinning its hope for a comeback.
