CANADIAN PHONE MAKER Blackberry reportedly plans to lay off 40 percent of its workforce later this year to make it easier to sell the company.
It seems like Blackberry's future is looking bleaker day by day, as the Wall Street Journal reported that the firm is planning to slash 40 percent of its workforce before the year is out. The potential layoffs, which have not yet been confirmed by Blackberry, could impact around 12,700 employees, and are likely to occur in waves.
While Blackberry has yet to confirm the rumour from the Wall Street Journal's anonymous sources, it didn't deny it.
A spokesperson for the company said to The INQUIRER in a statement, "As previously stated, we are in the second phase of our transformation plan. Organisational moves will continue to occur to ensure we have the right people in the right roles to drive new opportunities in mobile computing."
These potential layoffs come just a month after Blackberry announced that it would consider entering joint ventures and even the sale of the company. The firm is steadily losing market share in the smartphone market, with its Blackberry 10 smartphones struggling to make an impact on the dominance of iOS and Android. It has lost third place to Windows Phone, which has started to see growth in both the UK and European markets due to the success of Nokia's Lumia smartphones.
Blackberry hasn't given up yet, though. Just yesterday the firm announced the 5in Blackberry Z30 smartphone, a top-end smartphone to compete with the Samsung Galaxy S4, HTC One and Sony Xperia Z1, and it also announced the launch of BBM apps for iOS and Android, which it will release over the weekend.
However, these steps might not be enough to save the struggling firm. µ
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