View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
May 26, 2015

BlackBerry announces more lay offs amid restructuring

The company is consolidating its device software, hardware and applications business.

By CBR Staff Writer

BlackBerry is to cut jobs across the world as part of its plans to make its weakening device business profitable again.

The company declined to say how many employees would affected with the move. BlackBerry employed around 7,000 people as of September 2014.

BlackBerry is re-allocating resources to capitalise on growth opportunities and achieve profitability across all of its business units.

The company said in a statement: "As we continue executing our plan for BlackBerry’s turnaround, we remain focused on driving efficiencies across our global workforce.

"As a result, we have made the decision to consolidate our device software, hardware and applications business, impacting a number of employees around the world."

The Canadian mobile company said it plans to ramp up its sales and marketing efforts, targeting partnerships and new appointments.

BlackBerry posted revenues of $660m for Q4, factoring in a $12m negative impact from currency fluctuation. 42% of revenue was realised in hardware, 47% in services and 10% in software.

Content from our partners
A hybrid strategy will help distributors execute a successful customer experience
Amalthea leverages AI and automation to improve yield while minimising waste and costs
How AI is unlocking valuable opportunities in the insurance industry

Last month, the company said it is planning to shut own its offices in Sweden, resulting in about 100 job cuts.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.