On September 19, BlackBerry Ltd. announced that it was going to cut up to 40 percent of its workforce "across all departments." Now comes word via the Financial Post that Apple was quick to set up a recruitment drive about 12 miles away from the company's headquarters in Waterloo, Ontario.
In the Cambridge Hotel and Conference Centre on Sept. 26, located in Cambridge, Ont. on the outskirts of the Kitchener-Waterloo region where BlackBerry was born, the iPhone maker invited local talent with the aim of luring them to their Silicon Valley operations.
The report further relays that invitations sent out to prospective employees indicated that most positions will be based out of Cupertino, noting that "relocation and immigration assistance will be provided" as needed.
For a fascinating, in-depth and behind-the-scenes look at the downfall of the once-mighty RIM, check out this extensive piece from The Globe and Mail published just two weeks ago. Suffice it to say, the iPhone completely turned the mobile space on its head and those that were unable to fully appreciate that a new era of mobile computing was upon us were left in the dust.
As for BlackBerry itself, the company, plagued by plummeting revenues, entered into a letter of intent with Fairfax Financial to go private for US$9 a share.