World's 20 Biggest Layoffs

By siliconindia | Wednesday, 12 September 2012, 10:56 Hrs

Pepsi

Pepsi is a carbonated soft drink that is produced and manufactured by PepsiCo. Created and developed in 1893 and introduced as "Brad's Drink", it was later renamed as Pepsi-Cola on August 28, 1898, then to Pepsi in 1961.

Global Rank In Cuts: 5

Jobs Lost (2011): 8,700

Percent Of Employees Cut: 2.9 Percent

Number Of Employees After Cuts: 288,300

Research In Motion

Research In Motion Limited (RIM) is a Canadian telecommunication and wireless equipment company best known as the developer of the BlackBerry smartphone. RIM is headquartered in Waterloo, Ontario, Canada. It was founded by Mike Lazaridis, who served as its co-CEO along with Jim Balsillie until January 22, 2012 when RIM announced that both have stepped down and the new CEO will be Thorsten Heins. The company is listed on the NASDAQ stock exchange in the USA in addition to the Toronto Stock Exchange in Canada.

Global Rank In Cuts: 6

Jobs Lost (2011): 5,000

Percent Of Employees Cut: 30.3 Percent

Number Of Employees After Cuts: 11,500