If there is another massive layoff at Research In Motion, many in Waterloo are hoping that the technology cluster that has developed during the past five years would pick up the slack.
“I think we are in a better position now, as a technology cluster, to survive and to thrive than we were four or five years ago,” said Tim Ellis, chief executive of the Accelerator Centre in Waterloo, where many new startup technology companies are growing.
Although RIM has not made any announcement yet, the speculation that it could lay off somewhere between 2,000 and 6,000 employees from its global workforce of 16,500 has people worried and talking.
The business community is reluctant to speculate on what it means.
“It is pretty hypothetical and I would prefer to see more information,” said John Jung, chief executive of Canada’s Technology Triangle, the region’s business development office.
To read the full, original article click on this link: TheRecord - While RIM’s woes are worrying, many say the region’s...
