BlackBerry 'planning massive layoffs'

Updated

Troubled Canadian smartphone manufacturer BlackBerry may be planning to cut as many as 40 percent of its staff by the end of the year, in an attempt to return to profitability.

According to the Wall Street Journal, the layoffs will come in several waves and will affect all departments. However, they may be concentrated particularly in Canada as the company moves more of its operations to its biggest market, the US. Over the last two years, it has already slashed staff numbers from 17,000 to 12,700.%VIRTUAL-SkimlinksPromo%

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