In line with yesterday's WSJ report, BlackBerry announced that it will cut 4,500 jobs as part of a plan to reduce its operating expenditures over the next year. Furthermore, the struggling Canadian company is expected to post a loss of almost $1 billion in the fiscal Q2 of 2014. The eye-watering loss is a result of lackluster sales of the BlackBerry Z10 smartphone. The company will take...
Source: http://www.gsmarena.com/blackberry_will_cut_4500_jobs_lose_almost_1_billion_in_q2-news-6833.php
