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BlackBerry lays off another 250 employees in Waterloo

BlackBerry lays off another 250 employees in Waterloo - image
THE CANADIAN PRESS/AP, dapd, Volker Hartmann

TORONTO – Embattled Canadian smartphone maker BlackBerry laid off another 250 employees from its headquarters in Waterloo, Ont. this week.

In a statement regarding this week’s layoffs, BlackBerry noted that the reduction is part of an ongoing “workforce reduction” that will eventually impact 4,500 BlackBerry employees globally over the next three quarters.

“As previously mentioned, we are in a period of transition and we must focus on enhancing our financial results to be in a better position to compete in this current mobile environment,” read a statement issued to Global News.

“We recognize our local employees’ hard work on behalf of our company and the difficulty of this news. We will do everything in our power to treat our employees with compassion, while offering support during this time of transition.”

Read More: Hundreds of former BlackBerry staff hunt for new jobs

BlackBerry did not comment on what area of business the jobs were cut from.

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The smartphone maker has now laid off about 850 people in its Waterloo headquarters since announcing the cost cuts in September.

Last week, BlackBerry completed the $1 billion (US) financing announced early this month after Fairfax Financial scaled down a larger plan to buy the company outright.

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