BlackBerry Announces More Layoffs as Turnaround Turbulence Shows No Signs of Easing

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BlackBerry this week announced an unspecified number of layoffs.

Already this year there have been multiple rounds of layoffs at the Waterloo-based company. In its hometown, it now employees barely 2,000 people, down from 11,000 in 2011.

“As BlackBerry moves into the next stage of its turnaround, we remain focused on driving efficiencies across our global workforce,” says a statement released by BlackBerry.

CEO John Chen says BlackBerry is in the middle of a turnaround.

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“Our intention is to reallocate resources in ways that will best enable us to capitalize on growth opportunities while driving toward sustainable profitability across all facets of our business,” his company said in the statement.

Chen says he cannot say how many more layoffs may come before the turnaround is over.

“We know that our employees have worked hard on behalf of our company and we are grateful for their commitment and contributions,” BlackBerry’s statement reads.

Chen also notes that his company, at least during this turbulent turnaround, is not for sale.

 

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