“BlackBerry Ltd. said Friday it is laying off an undisclosed number of employees in its device business including those focused on development of smartphone software and applications,” Ben Dummett reports for MarketWatch.
“The layoffs come after the struggling smartphone maker, which employs about 7,000 people globally, said in April it was considering closing its offices in Sweden, in a move that would put as many as 100 employees out of work,” Dummett reports. “A BlackBerry spokeswoman Friday declined to confirm if the layoffs in Sweden have taken place and if so if they were part of the latest cuts.”
Dummett reports, “BlackBerry’s revenue for its fiscal fourth quarter ended Feb. 28 fell 32% and the company cautioned then that it didn’t expect sales of its key new device-management software, which was launched in November, to pick up until the second half of the company’s current fiscal year.”
Read more in the full article here.
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