Your ignorance is astounding. Obviously you have never run a business.
Must I explain it to you like a child in kindergarten? Yeesh. It's so tedious trying to educate you morons. I won't bother.
Welcome to my ignore list, imbecile. Do yourself a favour - put all your money in a CD or GIC because anyone who is that stupid is bound to lose all their money in the stock market sooner or later.
It is criminal that Yahoo promotes such garbage - part of the reason Yahoo is such a nightmare of a company.
What company has 944M shares?
According to longs,
Layoffs are great news
Hiring is great news
Even hiring heavy talent into the operating system kernel team. Months before a finished product is due. Even the most clueless non-technical person should grasp the significance of that.
Face it, Google and Apple and Microsoft have battalions of recruiters long on the scene, poaching every strong talent still onboard. Not to quote anyone in particular, but "it's like the biggest patent auction in Canada, except it's for the people who created the patents, and we don't have to pay RIM a penny". If you work there, and have not been contacted, you just might be that "dead wood" the longs claim can be sacked.
btw - Can you imagine being a RIM recruiter, trying to persuade someone to take a absolutely guaranteed short-term job, in a market with few local options, for less money and sweatshop hours? Instead of going to Google, or Apple, or Microsoft, or Samsung?
I work for one now. BB10 is not a "new" project.
And what you're saying still doesn't answer the problems that RIMM might face in finding these new people. No one is beating down the door to work at RIMM right now. Those techies in Waterloo have a lot of better options.
You sound like a desperate long! At least I'm offering an explanation as to why this company is hiring when they are supposed to be firing.Can you offer a good explanation? Maybe the CEO is a liar?