RIM is looking to save $1 billion to tide it through a precarious time by selling one of its two company jets Bloomberg has heard . Earlier, in late June, part of cost-cutting strategies, RIM announced it would be cutting 5,000 jobs  after reporting a net loss of $192 million. The company is under pressure to ditch its own BlackBerry 10 OS (the first of those phones are expected to launch not until January next year ) in favor of a rival OS. Evidence of these or other turnaround strategies could be revealed at RIM's annual meeting being held this afternoon , which kicked off with the re-election of the company's board .
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