It is being reported that 100 local jobs in Waterloo have been lost as BlackBerry continues their second phase of the transformation plan they have set forward a few months back, not only have jobs been lost but there has been a 10 percent production cut of BlackBerry 10 smartphone devices.
BlackBerry is definitely cutting back on as much spending’s as possible in order to move forward with their plans to evolve as a mobile computing company.
Statement from BlackBerry:
“As previously stated, we are in the second phase of our transformation plan. As such, this week’s employee reductions, demonstrates another step forward to scale our company correctly for new opportunities in mobile computing.
Our evolution as a company is ongoing and is in no way easy, but we are realistic about what is required to move our transformation forward in a timely manner. We will be as transparent as possible as our plans evolve.” – 570News
What do you all think of BlackBerry’s way of “cutting back”?