RIM’s ship is sinking. The company announced its second straight losing quarter, and plans to let a significant number of employees go. It has also reportedly enlisted the support of J.P. Morgan Chase and RBS Capital Markets to help it shop for partners or suitors to eke out some value before the whole thing comes crashing down. If your business relies on BlackBerry devices, perhaps its time for you to consider your options as well.

The demise of RIM isn’t really news. I’ve been chronicling the downward spiral of the iconic smartphone platform for some time. I respect the fact that there are actual people who work for RIM, and families that will be impacted by the fallout should RIM fade into oblivion, but the reality is what it is.