Technology and IIoT

BlackBerry to Cut 4,500 Jobs Amid Losses

Sept. 20, 2013

BlackBerry has said it is examining "strategic alternatives," including a possible sale of the company.

NEW YORK -- BlackBerry today said it would cut 4,500 jobs as the struggling Canadian smartphone maker retrenches in the face of hefty losses and weak sales of its new handsets.

BlackBerry said it expects a loss of $950 to $995 million in second quarter.

The company's highly-publicized launch of the BlackBerry 10 earlier this year failed to ignite sales.

The company has said it is examining "strategic alternatives," including a possible sale of the company.

Copyright Agence France-Presse, 2013

Continue Reading

Government Incentives, Geopolitical Disruptions Propel Record-Breaking Reshoring, FDI Job Announcements: Report

Fastenal Leaders: Manufacturing Economy Still ‘Fairly Tepid’

Popular Sponsored Recommendations

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023

This FAQ delves into why this technology offers business value and considerations toward implementation.

Legacy Phone Lines Are Draining Your Profits

Oct. 30, 2023

Copper wire phone line expenses that support emergency devices could be costing your company millions of dollars in wasteful overhead expenses. Rates have been skyrocketing while...

You Cannot Stay Competitive by Bolting New Technologies to a Legacy ERP

Oct. 20, 2023

Read this white paper to understand the benefits of shifting to a next-generation ERP system as part of a DOP.

The Ultimate Ecommerce Excellence Checklist

Oct. 2, 2023

Scaling ecommerce operations is no easy task when your business is moving fast. Assess your current ecommerce maturity level and set optimization priorities with this practical...