More jobs to go as John Chen’s BlackBerry restructuring bites hard
BlackBerry has revealed another round of job cuts as it continues to struggle in the face of overwhelming competition.
The Canadian manufacturer has confirmed that “some employees” will lose their jobs as part of its ongoing restructuring process and efforts to refocus on security and management tools. The company announced a previous round of layoffs in May.
“As BlackBerry moves into the next stage of its turnaround, we remain focused on driving efficiencies across our global workforce,” BlackBerry told TechWeekEurope.
“Our intention is to reallocate resources in ways that will best enable us to capitalise on growth opportunities while driving toward sustainable profitability across all facets of our business. As a result, some employees have been impacted.”
As of February BlackBerry had about 6,225 full-time employees, according to its website, although it’s not known what this number will fall to following these latest cuts.
Chen (pictured above) has instigated somewhat of a turnaround since taking over as BlackBerry CEO back in November 2013, having taken over a struggling company that was falling fast.
However since then, the company has shown signs of revival, with its most recent financial results showing overall revenues of $658 million (£481m) last month, thanks in no small part to a growth in software licensing deals.
The company is also heavily rumoured to be preparing an Android-powered smartphone as part of a return to the business that made it a household name, although no official confirmation has been released as of yet.
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