TORONTO—BlackBerry Ltd. BB.T -1.19% is preparing to make deep staff cuts by the end of the year via layoffs that could cost up to 40% of its employees their jobs, people familiar with the matter said.
The layoffs will cut across all departments and will occur in waves, likely affecting several thousand employees, the people said. They come as the once dominant smartphone maker looks for ways to get a handle on costs and shrink its operations to better fit a world in which competitors like Apple Inc. and Samsung Electronics Co. have eaten deeply into its market share.
"Organizational moves will continue to occur to ensure we have the right people in the right roles to drive new opportunities in mobile computing," a BlackBerry spokesman said. The spokesman declined to comment on the 40% figure.
http://online.wsj.com/article/SB10001424127887323808204579083250005557232.html
The layoffs will cut across all departments and will occur in waves, likely affecting several thousand employees, the people said. They come as the once dominant smartphone maker looks for ways to get a handle on costs and shrink its operations to better fit a world in which competitors like Apple Inc. and Samsung Electronics Co. have eaten deeply into its market share.
"Organizational moves will continue to occur to ensure we have the right people in the right roles to drive new opportunities in mobile computing," a BlackBerry spokesman said. The spokesman declined to comment on the 40% figure.
http://online.wsj.com/article/SB10001424127887323808204579083250005557232.html
