Peter Kafka

Recent Posts by Peter Kafka

RIM Fires 10 Percent of Workforce, Shuffles Managers, Keeps Co-CEOs

Research in Motion is firing 2,000 workers — 10 percent of its workforce — and reorganizing a layer of its top managers. The moves are intended to help the company compete with Apple and Google, whose iOS and Android platforms are overwhelming its once-dominant BlackBerry line. Unaffected by the moves: Co-CEOs Jim Balsillie and Mike Lazaridis.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work