As was reported earlier this week, BlackBerry will be laying off 4,500 employees. The layoff comes in an unexpected early earnings guidance release, in which the struggling manufacturer reveals it lost almost $1 billion last quarter. The loss is mainly attributable to the failed launch of BlackBerry's Z10 smartphone.
Trading of BlackBerry's stock was halted this afternoon ahead of the huge announcement.
Developing...
via The Verge - All Posts http://www.theverge.com/2013/9/20/4753080/blackberry-cutting-4500-jobs-shifts-focus-to-prosumer-and-enterprise
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