BlackBerry Job Shedding Starts
This is never good to report on.
CTV is reporting that BlackBerry has laid off 300 people in the start of laying off 4500 due to their rather disastrous results:
A company spokesperson confirms to CTV News that 300 Waterloo-based employees are being laid off this week as part of the company’s plan to reduce its global workforce by 4,500.
“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,” a BlackBerry statement reads.
“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.”
I really hate it when people lose their jobs due to things beyond their control. Hopefully these people find employment quickly as the Waterloo area is a hotbed of high tech companies of all sizes and descriptions.
October 8, 2013 at 1:17 pm
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