Another round of layoffs at BlackBerry

BlackBerry has confirmed 300 more jobs losses in Waterloo, as it continues its restructuring.

The latest cuts, which take effect this week, are part of a global downsizing which will see the company cut 4,500 jobs.

BlackBerry emailed 570 News the following statement:

“As previously mentioned, we are in a period of transition and we must focus on enhancing our financial results to be in a better position to compete in this current mobile environment. As such, BlackBerry has implemented an ongoing workforce reduction, which will impact approximately 4,500 employees globally over the next three quarters. This week’s reduction includes approximately 300 in Waterloo.

We recognize our local employees’ hard work on behalf of our company and the difficulty of this news. And we will do everything in our power to treat our employees with compassion, while offering support during this time of transition.”

This latest move comes as BlackBerry weighs its options, which could include the full or partial sale of the company.

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