Please create an account to participate in the Slashdot moderation system


Forgot your password?
Slashdot Deals: Deal of the Day - Pay What You Want for the Learn to Code Bundle, includes AngularJS, Python, HTML5, Ruby, and more. ×

Submission + - BlackBerry Confirms 4,500 Job Cuts, Warns of $950 Million Loss (

An anonymous reader writes: Today BlackBerry announced that it expects its quarterly net operating losses to be somewhere between $950 million and $995 million. It also confirmed earlier reports that it would be cutting 4,500 jobs, roughly 40% of its total workforce. 'The loss is mainly the result of a write-off of unsold BlackBerry phones, as well as $72 million in restructuring charges. The company said that it would discontinue two of the six phones it currently offers.' According to the press release BlackBerry is going to 'refocus on enterprise and prosumer market.' 'The failure of the BlackBerry 10 line of phones quickly led to speculation that the company, like Palm before it, would be broken apart and perhaps gradually disappear, at best lingering as little more than a brand name.'
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

BlackBerry Confirms 4,500 Job Cuts, Warns of $950 Million Loss

Comments Filter:

"Sometimes insanity is the only alternative" -- button at a Science Fiction convention.