Share this article:

Blackberry faces up to pay cuts and job losses after profits slide again

Employees will soon be picked away from Blackberry as the technology company announces plans to lay off an unspecified amount of staff.

The news will come as a surprise to employees. CEO John Chen had previously cut jobs in 2013 and returned the company to profit, and even went on record last year and said “the workforce reduction … is now behind us.”

The firm is also attempting to expand into new businesses beyond smartphone devices, such as enterprise markets and security. The announcement comes after results for the previous quarter showed a 16.8% fall in revenue.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News
  • 4 mins read

NEET idea | Major retailers back plan for 100,000 jobs for young people out of work

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature
  • 4 mins read

National Payroll Week | CEO, CIPP: 'Payroll has never been more important'

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Column
  • 52 mins read

Editor’s letter | 'My ultimate HR advice' - from 100 CHROs & people leaders

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar
  • Register Now

Deep Work, Healthy Minds: Redefining Productivity in the Age of AI

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Report

The future is payroll: 2026 research report