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RIM’s Job Cuts Under Way as Company Seeks $1B in Savings

Research In Motion Ltd., the struggling maker of the BlackBerry smartphone, is cutting jobs as part of a broad cost-saving effort aimed at trimming $1 billion in operating expenses.

“RIM has committed to achieving significant efficiencies and operating cost reductions over the course of this fiscal year,” Tenille Kennedy, a spokeswoman for the Waterloo, Ontario-based company, said yesterday in an e-mail. “Headcount reductions are part of this initiative.”