BlackBerry cuts jobs worldwide
Canadian smartphone maker, BlackBerry Limited is cutting
jobs across the world, the company said at the weekend as it consolidated its
software, hardware and applications business.
The company did not specify how many employees would be
affected.
BlackBerry, which reported a 16.8 per cent fall in quarterly
revenue in March, had about 6,225 full-time employees as of February 2015,
according to its website.
The company is reallocating resources to capitalise on
growth opportunities and achieve profitability across all its business
segments, a company spokeswoman said in an e-mailed statement.
The Waterloo, Ontario-based company last month said it was
considering closing its offices in Sweden, a move that would result in the loss
of up to 100 jobs.
Up to Friday's close, the company's Toronto-listed stock had
risen more than 62 percent in the last 12 months, whereas the U.S.-listed stock
had risen nearly 44 percent during the same period.
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