The struggling phone giant is seeking to reduce its global workforce by approximately 12% following consecutive poor fiscal quarters, TechRadar reports.
Press in the company's native Canada predict that the redundancies could come as early as this Friday (June 1), just months after Thorsten Heins took the reins as CEO in an extensive restructure.
RIM introduced a wave of layoffs last summer, but has continued to struggle financially. Earlier this month, its share prices fell by 5.76% following a lukewarm reception to a prototype of its BlackBerry 10 smartphone.
The first Blackberry 10 devices are expected to be released in late 2012, meaning that they could face stiff competition from Apple's next generation iPhone.
RIM is yet to comment on the possibility of impending redundancies.
Watch a video introducing the Blackberry 10 below: