BlackBerry to Cut 40% of Staff, Says WSJ
BlackBerry is preparing to make deep cuts to its staffing, according to a report in the Wall Street Journal. The company is looking to reduce its headcount by as much as 40% by the end of the year as it tries to get a handle on costs amid poor sales of its devices. A BlackBerry spokesperson said, "Organizational moves will continue to occur to ensure we have the right people in the right roles to drive new opportunities in mobile computing," but declined to comment on the severity of the job cuts. BlackBerry is exploring strategic alternatives and may sell all or pieces of the company to investors. The sales process is expected to take place within a few weeks and has already drawn some interest from private equity firms. Just today, BlackBerry announced the Z30 smartphone and the availability of its BBM messaging service for Android and iOS devices.
BBM Gains PayPal for Android, BlackBerry, iOS
BlackBerry today added a handful of new features to its cross-platform messaging service. All versions of BBM (Android, BlackBerry, iOS) earn the ability to send money to BBM contacts using PayPal.
BlackBerry Cutting More Jobs, Including Device Team
BlackBerry announced another round of job cuts on Friday, this time affecting those behind making the company's smartphones and mobile applications. BlackBerry did not say how many employees will lose their jobs, nor in which facilities, but said the cuts will reach its operations across the globe.
BlackBerry Cuts Priv's Price By $50
BlackBerry has given the Priv a price cut. The smartphone maker dropped the price of the phone from $699 to $649.
BlackBerry Trims More Workers
BlackBerry has cut an unspecified number of employees at two facilities. The company confirmed that it let employees go at its Waterloo headquarters, as well as at a plant in Sunrise, Fla.