The worst may finally be over for BlackBerry

BlackBerry 2014 Layoffs Over

Things have been getting better for BlackBerry over the past year mainly because, as Lennon-McCartney might have sung about the company’s fortunes last year, “they can’t get no worse.” However, Reuters reports that leaked internal company memos show that BlackBerry says it’s finished its painful restructuring process and is ready to start hiring new personnel and acquiring new companies.

This is obviously good news since BlackBerry has been going through a period of massive layoffs that saw the company reduce its workforce by a whopping 60% over a three-year period. However, the leaked memos flagged by Reuters suggest that these very lean times are over and that BlackBerry may at long last have some wind at its back.

“We have completed the restructuring notification process, and the workforce reduction that began three years ago is now behind us,” said BlackBerry CEO John Chen in one of the memos. “More importantly, barring any unexpected downturns in the market, we will be adding headcount in certain areas such as product development, sales and customer service, beginning in modest numbers.”

We still don’t know what BlackBerry’s future plans for growth are but the company last week announced what looks like a very smart acquisition of German security company Secusmart, so it wouldn’t be surprising to see more security-related acquisitions for the firm going forward.

Source:
Reuters
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