Click to Skip Ad
Closing in...
  1. 4K Camera Drone Amazon
    13:37 Deals

    This pro-grade 4K camera drone is $430 at Amazon, and it beats $800+ rivals

  2. Smart Lock Amazon
    10:32 Deals

    eufy’s Smart Lock Touch is stunning, and it has one feature you can’t get with…

  3. Disney Plus Free
    14:51 Deals

    Hidden Amazon deal gets you 6 months of Disney+ for free

  4. Instant Pot Accessories Amazon
    08:41 Deals

    This $27 Instant Pot accessory kit on Amazon will take your Instant Pot to the next level

  5. Best Smartphone Accessories Under 20
    08:06 Deals

    5 must-have smartphone accessories that cost under $20 each at Amazon

New round of layoffs has begun at BlackBerry

Zach Epstein
October 9th, 2013 at 7:30 PM
BlackBerry Layoffs 2013

As BlackBerry continues to fight for its life, the company announced late last month that it will eliminate about 4,500 jobs in an effort to reduce expenses by 50%. According to a new report, the job cuts have now begun with about 300 having been laid off in Waterloo this week. The cuts will be spread out between now and the end of the first quarter in fiscal 2015, but the company confirmed on Wednesday that the process is now underway. “We are in a period of transition and we must focus on enhancing our financial results to be in a better position to compete in this current mobile environment,” BlackBerry said in a statement to The Globe and Mail. “We recognize our local employees’ hard work on behalf of our company and the difficulty of this news.” As the report notes, BlackBerry will have slashed approximately 7,000 jobs since 2011 once this new round of layoffs is complete.

Zach Epstein

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.

Popular News