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BlackBerry to Slash Its Workforce by Up to 40 Percent

Published on September 18, 2013
by Will Connors

BlackBerry is preparing to make deep staff cuts by the end of the year via layoffs that could cost up to 40 percent of its employees their jobs, people familiar with the matter said.

The layoffs will cut across all departments and will occur in waves, likely affecting several thousand employees, the people said. They come as the once-dominant smartphone maker looks for ways to get a handle on costs and shrink its operations to better fit a world in which competitors like Apple and Samsung Electronics have eaten deeply into its market share.

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