07/25/2011 08:08 am ET | Updated Sep 24, 2011

RIM Layoffs: Company To Cut About 2,000 Jobs (VIDEO)

(Reuters) - Research In Motion said it will cut about 2,000 jobs, or 11 percent of it workforce, and the severance payout is not included its second-quarter and full year outlook.

The BlackBerry maker also said its Chief Operating Officer Don Morrison is planning to retire and Thorsten Heins is taking on the expanded role of COO, product and sales.

(Reporting by Aftab Ahmed in Bangalore; Editing by Gopakumar Warrier)

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