BUSINESS

RIM Layoffs: Nova Scotia Loses One-Quarter Of Its Staff

08/16/2012 12:42 EDT | Updated 10/16/2012 05:12 EDT
AP
Thorsten Heins, President and CEO of Research in Motion (RIM), speaks at the company's Annual General Meeting, less than two weeks after announcing disappointing financial results, deep job cuts and the latest delay in its BlackBerry 10 software, in Waterloo, Ontario, Tuesday, July 10, 2012. Analysts believe RIM is running out of time to turn itself around. Sales of the once-pioneering BlackBerry phones fell 41 percent in the latest quarter and likely won't pick up again until new phones come out next year. (AP Photo/The Canadian Press, Dave Chidley)
HALIFAX - Nova Scotia's economic development minister says Research in Motion Ltd. (TSX:RIM) has cut almost a quarter of its Halifax-area staff.

Percy Paris says he learned earlier today that the smartphone maker is laying off about 95 employees.

Paris says more than 400 people work at the Halifax location and the cuts are significant.

He says he hopes the layoffs are temporary but adds that the government will do what it can to provide support to the laid off workers, though he didn't specify.

A spokeswoman for RIM says the cuts are part of the company's June 28 announcement that they would be reducing their global workforce by 5,000.

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