BlackBerry to retreat from consumer market, lay off 4,500 employees

The Verge- As rumored earlier this week, BlackBerry is to lay off 4,500 employees, around 40 percent of its workforce, and retreat from the consumer market. The layoff news comes in an unexpected early earnings guidance release, in which the struggling manufacturer reveals it expects to book losses totalling almost $1 billion in the most recent quarter.

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SJIND3202d ago

Disappointing to see more Blackberry jobs going.

ZombieKiller3200d ago

They don't sell too well here where I work. I'm at a respectable cellular company and I've gotta say since the new phones, I've sold 1.....and that was to a customer demanding it. Other than that, I don't even think I've seen anyone else sell one. Such a shame.

Kyur4ThePain3200d ago

Well, that's what you get for not keeping up with your competitors.
The market leaves you behind. Almost gone and forgotten now.

lastofgen3200d ago

bb were just way too slow to adapt to the changing market and needs. the company was an absolute beast back in the day so it really is a shame this is happening.