View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 21, 2015

More job cuts at BlackBerry

No official numbers as turnaround plan continues.

By CBR Staff Writer

BlackBerry has unveiled a new round of layoffs as part of its CEO John Chen’s turnaround plan.

The company said: "As BlackBerry moves into the next stage of its turnaround, we remain focused on driving efficiencies across our global workforce. As a result, some employees have been impacted."

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

The company aims to reallocate resources in ways that will allow it to capitalise on growth opportunities and drive profits across all of its business units.

The latest job cuts follow an earlier round of layoffs unveiled in May this year as part of BlackBerry’s plans to make its weakening device business profitable again.

BlackBerry posted a net loss of $28m in the first quarter of 2015 as the company struggled to sell its smartphones and worked to increase its revenue from software and licences.

The company sold about 1.1 million smartphones during Q1 at an average selling price of $240.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

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 Progressive Media Investments 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.