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BlackBerry hasn't been hiding the fact that it's cutting back on its workforce, but a new report from The Wall Street Journal today suggests that another particularly big round of layoffs could be in store. Citing people familiar with the matter, the paper says that the company is preparing to cut up to 40 percent of its workforce by the end of the year, with the layoffs expected to "cut across all departments" and "occur in waves." As the WSJ notes, the most recent tally of employees the company has disclosed is 12,700, which is already down from 17,000 two years ago.
This latest news also comes after an report earlier this month that at least some BlackBerry board members are pushing for a speedy sale of the company, which reportedly could happen as early as November. For its part, BlackBerry isn't commenting on the specific number of layoffs, telling the WSJ only that "organizational moves will continue to occur to ensure we have the right people in the right roles to drive new opportunities in mobile computing."
Filed under: Cellphones, Mobile, Blackberry
Source: The Wall Street Journal
The Waterloo Record is reporting that RIM is laying off a portion of its workforce as part of its cost-cutting review process. It's believed that between 2,000 and 6,000 employees could be let go as the troubled company attempts to save $1 billion by the end of the fiscal year. Company watcher Martin Chmiel took to Twitter to say that the manufacturing team had been hardest hit, with hundreds of people departing in the past 24 hours.
RIM reportedly firing up to 6,000 in $1 billion savings drive originally appeared on Engadget on Wed, 20 Jun 2012 07:03:00 EDT. Please see our terms for use of feeds.
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