Oh dear … Can someone PLEASE put them out of their misery and just buy them out!! It’s kind of embrassing to hear Blackberry losing market share, losing profit, losing revenue, and now losing staff.
“Blackberry has announced it is planning to cut 4,500 jobs, or 40% of its worldwide workforce, in an attempt to staunch huge losses. The smartphone maker said it anticipated a loss of as much as $995m (£621m) when it reports its second-quarter earnings next week.
Shares in the firm closed down 17% after briefly being halted following the announcement. In August, the Canadian company said it was evaluating a possible sale.
In a statement on Friday, Blackberry’s chief executive Thorstein Heins said: “We are implementing the difficult, but necessary operational changes announced today to address our position in a maturing and more competitive industry, and to drive the company toward profitability.”
“Going forward, we plan to refocus our offering on our end-to-end solution of hardware, software and services for enterprises and the productive, professional end user.”
Source: BBC
