Report: BlackBerry to cut up to 40 percent of employees

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t’s no secret that BlackBerry has been falling faster and faster over the last year. Despite the name change (from Research in Motion to BlackBerry) and some decent handsets, the company just can’t stop losing money.

On Wednesday, The Wall Street Journal, citing “people familiar with the matter,” reported that BlackBerry is preparing to cut up to 40 percent of its workforce before the end of the year. The company only has about a 3 percent market share in the United States. This news comes the same day that the company announced the new Z30 handset.

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Story added 19. September 2013, content source with full text you can find at link above.