Moneycontrol PRO
Loans
Loans
HomeNewsTechnologyBlackBerry cuts jobs as part of turnaround plan

BlackBerry cuts jobs as part of turnaround plan

BlackBerry Ltd is undergoing another round of job cuts as it deals with weak smartphone sales and pushes ahead with a restructuring plan.

July 22, 2015 / 08:46 IST

BlackBerry Ltd is undergoing another round of job cuts as it deals with weak smartphone sales and pushes ahead with a restructuring plan. The Waterloo, Ontario-based company declined to disclose how many employees were affected in the latest change, but said that some were shifted to different roles while others were laid off. BlackBerry has shed thousands of jobs since it began restructuring its operations under chief executive John Chen, who joined the company in 2013 and has focused on tightening spending and innovation.

A round of cuts happened earlier this year when BlackBerry laid off an unspecified number of employees. BlackBerry has faced an onslaught of competition from other phone manufacturers including Apple and Samsung who represent the majority of global device sales. 

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

first published: Jul 22, 2015 08:23 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347