BlackBerry Lays Off Another 120 Canadian Employees

Posted by Techvibes NewsDesk

BlackBerry continues to dismantle itself in agonizingly slow fashion.

The Canadian smartphone maker laid off 120 employees in Waterloo this week, the latest in a string of several small layoffs that are slowly but surely adding up to thousands of lost jobs.

"BlackBerry is working hard to return to profitability and we continue to optimize our resources to meet our mandatory operational targets," the company said in a statement. "As such, this week’s employee reductions impact BlackBerry’s U.S. and Canadian operations with approximately 120 employees in the Waterloo, Ont., area."

 

RELATED: Apple CarPlay is Designed to Work with BlackBerry's QNX

 

The employees were part of BlackBerry’s product development and wireless technology team, according to the company.

3,000 cuts are still expected this year in a dramatic cost-cutting move that will reduce BlackBerry's workforce down to roughly 7,000, barely a third of what it once was as the company's peak in 2008.

 

SEE ALSO: BlackBerry Talks to White House to Keep Barack Obama Using Their Devices

 

"We recognize our employees' hard work on behalf of our company and the difficulty of this news," a spokesperson told Techvibes. "We will do everything in our power to treat our employees with compassion during this time of transition."

 

Company:
BlackBerry
Website:
http://www.blackberry.com
Location:
Waterloo, Ontario, Canada

Research In Motion (RIM), a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry solution in 1999. Since then, BlackBerry products and services have continued to change the way millions of people around the world stay connected. With the launch of BlackBerry 10, we have re-designed, re-engineered and re-invented BlackBerry. Not only did we introduce a... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more




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