The Wall Street Journal’s Will Connors is reporting from unnamed sources that there is some bad news coming for a large portion of BlackBerry employees. According to their sources BlackBerry may lay off as many as 40% of their employees by the end of the year. BlackBerry has been clear that they are reorganizing but this is pretty drastic. BlackBerry will essentially be performing open heart surgery on their company to try and turn it into a lean machine that can rise from its former ashes.
BlackBerry did not deny the damaging rumors and just said that “Organizational moves will continue to occur to ensure we have the right people in the right roles to drive new opportunities in mobile computing.”