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Blackberry Manufacturer Announces Layoffs

5:12 PM, Jun 29, 2012   |    comments
(courtesy: Sean Gallup/Getty Images)
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WASHINGTON, DC (WUSA) -- Employees who work for the company that makes the Blackberry phone don't have much to celebrate.

Research In Motion plans to cut 5,000 workers from its ranks.

RIM lost more than half a billion dollars last quarter.

And, the company says it will delay the release of its latest Blackberry until 2013.

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