BUSINESS

BlackBerry lays off unspecified number of employees globally

May 23, 2015, 1:06 PM

TORONTO (AP) — BlackBerry says it is laying off an unspecified number of employees globally as it makes changes to the operations responsible for making its smartphones.

The Waterloo, Ontario-based company said in a statement Saturday that the job cuts will affect people who make the hardware, software and applications for its phones, including devices such as the BlackBerry Bold, Classic and Passport.

BlackBerry refused to say how many jobs were being cut, but said it’s looking to reduce the size of its device operations and make it profitable again.

BlackBerry had about 7,000 global employees as of 2014. About half worked in Canada.

BlackBerry began to turn a small profit last year, but its overall revenues continue to decline.

At the peak of its success, the company had about 20,000 international employees.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Business

A salesperson shows an unsold 2024 Cooper SE electric hardtop to a prospective buyer at a Mini deal...

Associated Press

How US employers scaling back hiring in April could let the Fed cut interest rates

Employers pulled back on their hiring in April but still added 175,000 jobs in a sign that interest rates may be slowing the job market.

2 days ago

US employers added 353,000 new jobs in January...

Associated Press

The US didn’t just avoid a recession — it’s adding hundreds of thousands of new jobs

The nation’s employers added 353,000 jobs in January, a sign the economy will shrug off the highest interest rates in two decades.

3 months ago

Cutting interest rates may be in the future, Federal Reserve says...

Associated Press

Federal Reserve signals that interest rate cuts aren’t imminent and leaves them unchanged for now

The Federal Reserve indicated Wednesday that it’s nearing a long-awaited shift toward cutting interest rates.

3 months ago

Associated Press

Wholesale inflation in US declined last month, signaling that price pressures are still easing

Wholesale inflation in the United States fell in December, further evidence that price pressures in the economy are easing.

4 months ago

Front-facing image of main entrance to Desert Diamond Arena in Glendale....

KTAR.com

Desert Diamond Arena in Glendale posts most lucrative year since opening two decades ago

Desert Diamond Arena announced that 2023 was its best year for revenue and attendance on record in the two decades since it opened.

4 months ago

(Lincoln Property Company photo)...

David Veenstra

New phase of Glendale industrial development includes pickleball and basketball courts

The second phase of the Park303 industrial park project in Glendale has been completed. The new development has a range of amenities.

5 months ago

Sponsored Articles

...

DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.

...

Collins Comfort Masters

Avoid a potential emergency and get your home’s heating and furnace safety checked

With the weather getting colder throughout the Valley, the best time to make sure your heating is all up to date is now. 

(KTAR News Graphic)...

Boys & Girls Clubs

KTAR launches online holiday auction benefitting Boys & Girls Clubs of the Valley

KTAR is teaming up with The Boys & Girls Clubs of the Valley for a holiday auction benefitting thousands of Valley kids.

BlackBerry lays off unspecified number of employees globally