It�s unfortunate, but layoffs at BlackBerry are essential to their financial health

Yesterday CBC posted a story confirming additional job cuts in Waterloo. In this most recent example, BlackBerry is eliminating 120 jobs from the company�s product development and wireless teams.
BlackBerry claims these cuts are part of the broader 40% staff reduction announced last September. We have to keep in mind that it takes quite a while to implement major staff cuts, so it�s entirely believable to me that this is truly part of last fall�s plan.

Full story from the Crackberry Blog...