BlackBerry lays off 250 employees

Summary:The cuts just keep coming at the Canadian mobile company.


Troubled Canadian mobile company BlackBerry has laid off about 250 of its employees at its headquarters in Waterloo, Ontario, according to various news reports.

The employees were primarily from the company's product testing group, which includes research and development.

As you might expect, the move comes as the result of a desire to cut costs. The former Research in Motion slashed thousands of jobs in a major restructuring last year, bringing the total to 12,700.

The company, which turned in weak but better than expected financial results last quarter, had hinted more recently that it planned further cuts. 

Shares of the company's stock have been under duress, to say the least, as its new line of mobile phones (the all-touch Z10, keyboard-clad Q10) failed to gain immediate traction in a market dominated by Apple's iPhone and Google Android-powered devices, chiefly from Samsung.

BlackBerry stock (BBRY) price was up a hair, to 9.05, in morning trading.

Chief executive Thorsten Heins said recently that the company is planning a number of new products for the upcoming holiday season, including the flagship A10.

Previously on ZDNet:

Topics: BlackBerry, Mobility


Andrew Nusca is a former writer-editor for ZDNet and contributor to CNET. He is also the former editor of SmartPlanet, ZDNet's sister site about innovation. He writes about business, technology and design now but used to cover finance, fashion and culture. He was an intern at Money, Men's Vogue, Popular Mechanics and the New York Daily Ne... Full Bio

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