BlackBerry fires 4,500 employees - FinanzaLive

Into Piero 81
September 23, 2013

Into News from BlackBerry which continues to be crushed by the strong competition. The Canadian company, maker of the BlackBerry smartphone, last August 12, 2013 had announced that there would be strategic alternatives because of the losses that were recorded. Losses before tax in the second quarter of fiscal range between 950 million and 955 million dollars. Very little data soothing, especially if you evaluate the revenues of BlackBerry, revenues totaled $ 1.6 billion including write-downs totaling hovering between 930 and 960 million, write-downs related to stocks. Analysts had calculated estimates entirely different expecting revenue of $ 3.04 billion compared to a loss before taxes of $ 143 million.

Into Thus, the BlackBerry has announced what is a restructuring plan that will affect the lives of 4,500 employees. In fact, BlackBerry intends to lay off 40 percent of the labor force in global terms the same company, which translated into a 40% employees of the Canadian group translates to 4,500 workers.

Into The news of the 4,500 employees will be laid off has been brought forward by the American newspaper Wall Street Journal. The stock listed on the Nasdaq, the 15 local time on September 20, had been suspended from trading while was down 25 cents, 2.4%, to $ 10.27 (15 local time).

The move is making the BlackBerry aims to reduce costs to be able to compete with the two big companies Apple and Samsung. A cut that for the moment is very drastic since the 4500 BlackBerry lay off workers in all sectors of concern 40% of its workforce.