Arab Today, arab today blackberry to lay off thousands in bid to cut costs
Last Updated : GMT 18:49:57
Arab Today, arab today
Arab Today, arab today

40% of its current workforce

Blackberry to lay off thousands in bid to cut costs

Arab Today, arab today

Arab Today, arab today Blackberry to lay off thousands in bid to cut costs

New BlackBerry 10 smartphone
London - Arab Today

New BlackBerry 10 smartphone The Smartphone maker Blackberry has announced plans to cut almost half of its workforce as it struggles to slash operating costs. The company was once a market leader in mobile devices .
 Icons on the display of a new BlackBerry Z10 handset are pictured at the Blackberry smartphone launch in London, Britain, 30 January 2013. Research in Motion (RIM) launched its new BlackBerry 10 smartphone on 30 January. The company announced two new touch screen smartphones, the BlackBerry Z10 and the BlackBerry Q10.
A statement released by Blackberry on Friday said the smartphone maker planned to lay off 4,500 employees, or 40 percent of its current workforce. This would reduce its workforce to just 7,000 and comes a year after Blackberry laid off 5,000 employees.
The job cuts are aimed at trimming costs by 50 percent as the struggling Canadian company continues to seek a buyer
The statement also announced that Blackberry expected to incur losses of $995 million (736 million euros) in the second quarter of this year.
Smartphone maker BlackBerry has formed a committee to discuss strategic options, including the possible sale of the company. It has been struggling in the face of competition from Apple and Android-operated rivals. (12.08.2013)
\"We are implementing the difficult but necessary operational changes announced today to address our position in a maturing and more competitive industry, and to drive the company toward profitability,\" said Blackberry\'s German-born president, Thorsten Heins.
\"Going forward, we plan to refocus our offering on our end-to-end solution of hardware, software and services for enterprises and the productive, professional end user,\" he added.
The move comes just months after Blackberry introduced its Z10 smartphone, a mobile device that the company, based in Waterloo, Ontario, hoped would revive its fortunes as it seeks to regain ground lost to Apple and Android phones.
When it came out with its first device in 2000, Blackberry had been a pioneer in the field of phones that allow users access to email and other services. However, it soon fell behind other smartphone makers after Apple introduced its iPhone in 2007 and a number of Android-based rivals entered the market.
Source: Deutsche Welle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today blackberry to lay off thousands in bid to cut costs Arab Today, arab today blackberry to lay off thousands in bid to cut costs

 



Arab Today, arab today
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 10:01 2017 Tuesday ,21 February

Egypt pound rebounds from flotation slide

GMT 09:57 2017 Tuesday ,21 February

Greece agrees to bailout reforms compromise

GMT 09:55 2017 Monday ,20 February

Thailand 2016 growth up but below junta target

GMT 09:29 2017 Monday ,20 February

Kraft Heinz withdraws bid for Unilever

GMT 09:22 2017 Monday ,20 February

China's huge debt poses big headache for central bank

GMT 18:23 2017 Sunday ,19 February

Darwesh vows to provide job opportunities for youth

GMT 12:10 2017 Sunday ,19 February

Welcomes the F&B solution of the future
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday