BlackBerry To Layoff 4,500, Report $1B Loss

On Sep 20 2013 - 4:42pm


New York – BlackBerry is reportedly going to lay off 4,500 employees and write off a record amount of inventory when it announces is fiscal second quarter financial Friday, Sept. 27.

According to Bloomberg and other published reports, BlackBerry will report a loss for the quarter of close to $995 million on sales of $1.6 billion.

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