English | دری

Blackberry to cut 4,500 jobs

in Afghan Business

Blackberry to cut 4,500 jobs

BlackberryCanadian company Blackberry has announced it is planning to cut 4,5000 jobs amid second-quarter earnings plunge.

The smartphone maker has anticipated a loss of as much as USD 995–a loss that has been attributed to disappointing sales of its new Z10 model smartphone.

The company released a new version of its handset, the Z30, which was praised by observers but was nonetheless overshadowed by Apple’s launch of iPhone 5s and 5c.

“The company has sailed off a cliff,” BGC technology analyst Colin Gillis told the BBC.

“This is the quarter where Blackberry as you used to know it is no longer.”

In a statement on Friday, Blackberry’s chief executive Thorstein Heins said: “We are implementing the difficult, but necessary operational changes announced today to address our position in a maturing and more competitive industry, and to drive the company toward profitability.”

“Going forward, we plan to refocus our offering on our end-to-end solution of hardware, software and services for enterprises and the productive, professional end user.”



Related Articles

Business confidence dwindles, as BSA swings in the wind

Unsure about Afghanistan’s security situation, businessmen and investors have begun withdrawing or stalling their capital and assets. Business confidence tumbled

NPC approves 2 contracts, cancels 4 road contracts

The National Procurement Committee in a meeting on Saturday approved two contracts worth 600mn AFN, cancelled four roads construction contracts

Reconstruction work begins on basic healthcare centre in Baghlan with German support

Reconstruction work began on the Guzarga-e-Noor district basic healthcare centre in Baghlan with financial and technical support from Afghan-German Cooperation.

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.