BlackBerry to cut an undisclosed number of jobs

We’ve been hearing mostly positive news about BlackBerry in recent weeks such as its partnership with Google to make Android more business-friendly, that it would consider making an Android smartphone if it’s security requirements were met, and the ‘Venice‘ smartphone render that made the rounds a couple of weeks ago. Today, we have another reminder that BlackBerry is in a transitional phase with the news that further job cuts are underway.

BlackBerry’s CEO, John Chen, is in charge of the company’s turnaround strategy and after eighteen months in the job, he has guided BlackBerry back into profit. Part of his strategy has been to tighten spending, and something that goes hand-in-hand with reducing spending is job cuts, the most recent of which occurred back in May. It’s unknown how many jobs will be slashed in this round or from which departments the cuts will be made. BlackBerry’s share price is down 30 percent this year, closing at $7.68 in New York.

Kara Yi, a BlackBerry spokesperson, had this to say:

“As BlackBerry moves into the next stage of its turnaround, we remain focused on driving efficiencies across our global workforce. As a result, some employees have been impacted.”

However many jobs are lost in this round of cuts, our thoughts are with the people whose lives are impacted by today’s news. Sometimes it’s easy to forget the people behind the numbers.

Source: Bloomberg

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