Impact of RIM layoffs on the job market

RIM will be handing out up to 3,000 pink slips this month. Of the estimated 8,000 employees currently working for them, people working on the BB10 project are “safe.”

“These difficult changes are necessary as we drive a program to reduce our operating expenditure by over $1 billion,” according to a statement from RIM to the Globe and Mail.

I see a tiny ray of hope in all of this. Those people leaving RIM and entering the job market will be bringing their talents and experience from one of the world's most successful mobile development companies ever to the rest of us.


RIM was THE company to work for only a few years ago

Remember when Blackberrys were cool and we called them “Crackberrys?” Let's look at some of the great things RIM and the people that work for RIM have done for the Waterloo region and our entire economy.

  • Invented push email and brought us the top business smart phone in the world
  • Spawned a tech hub in the Waterloo region with more than 850 tech firms and 550 tech startups
  • Waterloo is now the home of notable incubators such as Velocity, Hyperdrive and the Accelerator Centre
  • RIM is Canada's largest research and development community, including the Perimeter Institute

Plus, they developed a BB operating system that was so secure that it was the only one Barack Obama was allowed to carry.

Next steps for people laid off

If you are leaving RIM, you contributed to this success. As you  transition to your next job, be sure to talk about your contribution to this great company and how this will enable you to make a positive impact at your next company.

The glory days are over…for now

But now RIM is giving us another gift: access to some of the most well trained talented developers and designers in the world. It's never been easy to get a job at RIM. They only hire the best of the best. These people were hand picked, sometimes personally by Jim Balsillie. Many of them are graduates of Waterloo University, which recently ranked as Canada's top engineering school. Regardless of where they end up, Canada as a whole benefits from having them here.

Infographic showing RIM's impact on the Waterloo region


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Jim Love, Chief Content Officer, IT World Canada

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