BlackBerry cuts jobs worldwide as it consolidates businesses

(Reuters) – Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business. BlackBerry, which reported a 16.8 percent fall in quarterly revenue in March, had about 6,225 full-time employees as of Feb. 2015, according to its website. The company is reallocating resources to capitalize on growth opportunities and achieve profitability across all its business segments, a company spokeswoman said in an e-mailed statement.

Quoted from BlackBerry cuts jobs worldwide as it consolidates businesses on Gadgets News Headlines – Yahoo! News

BlackBerry cuts 4500 jobs, loses nearly $1 billion in Q2. With over a third of its staff gone and with its stock continuing to drop, it looks like we're close to the end of BlackBerry. BlackBerry announced another round of job cuts Tuesday as it deals with weak smartphone sales and pushes ahead with a restructuring plan. in smartphone consolidation Open this photo in gallery: A Q10 smartphone is seen in front of a displayed stock graph in this photo illustration taken in Tags: blackberry, cuts, jobs, worldwide,

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