Business

BlackBerry to cut jobs worldwide

PTI

Canadian technology firm Blackberry is cutting jobs globally as it plans to consolidates its various business verticals --  device software, hardware and applications.

“We have made the decision to consolidate our device software, hardware and applications business, impacting a number of employees around the world. We know that our employees have worked hard on behalf of our company and we are grateful for their commitment and contributions,” Blackberry said in a statement.

However, the process is unlikely to impact jobs in India, an industry source told the news agency. In India, the company employs less than 50 people and thus the job cut announcement is unlikely to impact headcount here.

The Blackberry spokesperson did not offer any comment on the query related to a job cut in India. The loss-making company has been running cost optimisation programme to reduce its operational expenses and turn profitable.