Weary Waterloo: The pink slips fly every Thursday at RIM

While it thankfully avoids the proverbial “RIM meets its Waterloo” headline, a report from TechVibes that offers an “insider view” of beleaguered Waterloo, Ont.-based mobility vendor Research in Motion does say that as goes RIM, so goes Waterloo. And right now, that’s not very good.

According to one reporter that visited the city, which once rode high with RIM’s success, today the citizenry are crestfallen and defeated. And the dean of technology at a local college lamented that every Thursday seems to be “pink slip Thursday” with a round of major cuts looming as the company, which has found it difficult to compete with Apple’s iPhone and Google’s Android OS, tries find its way under new CEO Thorsen Heins.

If Waterloo is betting on a RIM comeback to buoy its spirits, it may be setting itself up for disappointment. But on the plus side, it’s just a few months until the hockey season. Kitchener Rangers, it’s all on you this year.

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Jeff Jedras
Jeff Jedras
A veteran technology and business journalist, Jeff Jedras began his career in technology journalism in the late 1990s, covering the booming (and later busting) Ottawa technology sector for Silicon Valley North and the Ottawa Business Journal, as well as everything from municipal politics to real estate. He later covered the technology scene in Vancouver before joining IT World Canada in Toronto in 2005, covering enterprise IT for ComputerWorld Canada. He would go on to cover the channel as an assistant editor with CDN. His writing has appeared in the Vancouver Sun, the Ottawa Citizen and a wide range of industry trade publications.

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