The drastic turn around program of Research in Motion (RIM) has said that the net loss has come up with the delay in the launch of new smartphone operating system that is Blackberry 10. Owing to this postponement the blackberry makers have confirmed for the 5000 job losses.
It has been revealed that with the unexpected loss in the three months, the manufacturers has drop down its position to a worst condition. The organization has also struggled to keep pace in the market but some what failed to do so and place the strong foothold in the market.
The industry experts have been going through the collapsed market and meet the requirements of the patrons. It has been announced that one third of the work force that is present globally with be axed, which is not at all a good news. However, it has been not yet been exposed or made publicly broadcasted that how many of the said workers would be curtailed from United Kingdom.
In addition, with defer in the launch of Blackberry 10 smartphone news has created a massive break down in the products. And if the system goes on for a long time, it would be very hard to say that the company might fail.
The ultimate reason is the decline of the expectations of the customers as the whole market was eagerly waiting to experience the new device from RIM. But as per the update, it has been heard that, the launch has been shifted to the first quarter of next year that is 2013.