BlackBerry Lays Off Unspecified Number of Employees in its Device Business
According to a new report from The Wall Street Journal, BlackBerry is laying off an unspecified number of employees in its devices division in various offices around the world.
In a statement announcing the planned layoffs, BlackBerry said:
“Our intention is to reallocate resources in ways that will best enable us to capitalize on growth opportunities while driving toward sustainable profitability across all facets of our business.”
The company said that they will be consolidating its device software, hardware, and business applications divisions into one group. BlackBerry will move away from making smartphones to higher-margin businesses like security, privacy, enterprise software, and the Internet of Things. In a statement the company said:
“We know that our employees have worked hard on behalf of our company and we are grateful for their commitment and contributions.”
The job cuts, which impacts BlackBerry’s global operations, showcases the pressure the company has been facing while to tries to compete with companies like Apple and Google.
BlackBerry is still pressing forward to release several devices, such as the Leap. However, its main focus has been on the enterprise market with a strong focus on enhanced security.