BlackBerry’s Latest Round Of Job Cuts Do Little To Address Its Real Problem
The layoffs come just about a month after the company said that it was considering closing offices in Sweden, in a move that would reduce its headcount by about 100 employees. However, the current round of job cuts is unlikely to have a particularly positive impact on BlackBerry’s valuation or the general sentiment around the stock, given that the company’s real problem at the moment is not high costs but weak revenue growth.

Vía Forbes Real Time