1. Warlack's Avatar
    BlackBerry announces further job cuts amidst restructuring - TechSpot

    BlackBerry recently announced plans to lay off an undisclosed number of employees in its device business, the arm responsible for developing smartphone software and applications. The cuts are part of the companys overall goal to reignite growth by boosting sales of mobile management and security software, both of which are higher margin product categories.
    Just last month, BlackBerry said it was considering closing its offices in Sweden which would eliminate roughly 100 jobs. When probed by The Wall Street Journal, a spokesperson declined to confirm if the offices have indeed been shut down or if they were part of this latest round of cuts.
    The new cuts are expected to impact the companys operations globally.
    BlackBerry was once the market leader in terms of smartphones, especially those for enterprise clients. When the iPhone debuted in 2007, BlackBerry executives were taken back by some of its features and abilities but believed its shortcomings meant it wouldnt be a threat to their core business.
    Underestimating Apple as well as Googles Android platform proved to be a fatal mistake.
    BlackBerry replaced former chief Thorsten Heins in late 2013 but by that time, the damage had long been done. Current CEO John Chen is still working to turn the company around but as you can imagine, it wont be easy. The company reported a 32 percent drop in revenue during its fiscal fourth quarter.

    Posted via CB10
    05-25-15 04:45 PM
  2. FrankUnderwood's Avatar
    Dude. Do a search before posting. Save us some time.

    Posted via CB10 on the President Underwood version of the BlackBerry Classic
    05-25-15 04:46 PM
  3. howarmat's Avatar
    05-25-15 05:39 PM

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