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Globe and Mail owes RIM an apology - 3,000 cuts misreported!

The Globe and Mail owes RIM a huge apology.

The Globe ran a story stating that RIM was cutting 3,000 employees in addition to the 5,000 announced.

The Globe's exact words:

"According to the report, the cuts would be in addition to the 5,000 layoffs the company announced earlier this year."


It turns out that the 3,000 are merely folks from the original 5,000 announced last month.

Shame on the Globe, who modified their story but never made mention of the correction.

The new text reads:

According to the report, the cuts would be part of the 5,000 layoffs the company announced earlier this year.


That's a pretty massive mistake the Globe made. Who knows how much it affected RIM's stock, but such a material mistake should at least warrant a public apology to RIM.


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