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

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RIM LAYOFFS HALIFAX
Nova Scotia's economic development minister says Research in Motion Ltd. (TSX:RIM) has cut almost a quarter of its Halifax-area staff. | AP

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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