BlackBerry to cut its workforce by 40% by year end

BlackBerry to cut its workforce by 40% by year endBlackBerry is reportedly preparing for major staff cuts that could reduce its workforce by as much as 40% by the end of the year, insiders have revealed.

Speaking to the Wall Street Journal, the unnamed sources said the cuts will affect all departments and will be made in waves, with staff having already been told how the cuts will affect them.

This follows a succession of job cuts last year that saw 5,000 employees cast aside as new CEO Thorsten Heins embarked on a major restructuring to reflect the once-dominant company's diminished status.

But with the all-new BlackBerry 10 platform having struggled to make an impact, BB's lack of a Plan B means much deeper cuts are now inevitable.

“Organisational moves will continue to occur to ensure we have the right people in the right roles to drive new opportunities in mobile computing,” was how a BlackBerry spokesman chose to spin the news.

The Canadian firm's latest quarterly earnings report is due out next week, and is expected to show another operating loss for the three months that ended on September 1. That following an $84m loss in the previous quarter, and losses of $646m across 2012.

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3 comments

JanSt / MOD  Sep. 19, 2013 at 10:39

Well, once BBM is out on Android and iOS everyone will want a Z10. Biggest comeback since Elvis was spotted in the Memphis Walmart.

DeadBerry  Sep. 19, 2013 at 12:13

This has already started in the UK, some employees have taken the redundancy packages being offered out. Sad to Say RIM is pretty much washed up and finished company will be sold off at some point.

JanSt / MOD  Sep. 21, 2013 at 09:33

I assign part of the blame to fanboyism! There!
Sites like Crackberry and even some mainstream tech "journalists" have acted as if the problem was the competition. Overpriced devices? Nah, no issue. Crap BB10 apps? Hey, you can sideload (crap) Android apps... Yada yada...

Etc... RIP

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