Jim Balsillie resigns, RIM earnings disappoint, share prices drop and Thorsten Heins starts firing people

Breaking Research in Motion news: today brought not only an expected fourth quarter earnings report (spoiler: the numbers were dismal and share prices nosedived), but also a big—if not surprising—announcement: former co-CEO Jim Balsillie has stepped down from the company’s board of directors. New CEO Thorsten Heins also used this momentous day to start firing high-level staff in sales and marketing. At least no one can can say the company’s not making significant changes anymore. Read the entire story [Globe and Mail] »