BlackBerry starts the layoff process as 300 are fired
posted by Alan F. / Oct 10, 2013, 12:37 PM
BlackBerry has agreed to be taken private in a $4.7 billion deal led by its biggestr stockholder, Fairfax Financial. In addition, another financial firm, Cerberus Capital Management has been sniffing around the company as well. Perhaps more interesting is the name of the tech companies looking at BlackBerry. Those names include Samsung, LG, SAP, Microsoft and Cisco.
Besides the handset and tablet business, BlackBerry offers software based services to the enterprise which companies like Google, SAP and Microsoft might find interesting.
source: GlobeandMail via BGR
Posts: 545; Member since: Feb 23, 2012
Many OSes like BB10 better than android,but they cant survive because they are not open source & don't have healthy ecosystem.open source is the future
posted on Oct 10, 2013, 12:51 PM 1
Posts: 1774; Member since: Jul 30, 2013
Windows isnt open source and its dominating the pc/laptop market for the last decades. Open source doesnt equal success. Jist cause android did it.. Anyway too many mistakes by BB. Mediocore hardware. They came too late. Illusional CEO. All of that equals failure. To succeed in the mobile industry now days you need 3 points. If 1 of 3 is weak you will fail. Great ecosystem. Great OS. Great hardware,
posted on Oct 10, 2013, 1:19 PM 4
Posts: 270; Member since: Mar 28, 2010
300 people lost their R.I.M. jobs.
posted on Oct 10, 2013, 12:52 PM 3
Posts: 1337; Member since: Oct 05, 2011
I feel for those and their families who lost their Jobs. I bet none of them get a golden parachute like the Co-CEO or Board of directors. Two weeks severance package or maybe 2 weeks pay for every year you worked at Blackberry ( you would have to work at BB for 25+ years to get 1 year worth of paid severance. Meanwhile the guys with the suits< board and Ceos make off for life). Some world we live in.
posted on Oct 10, 2013, 1:09 PM 0
Posts: 17094; Member since: Jun 17, 2009
Place where I worked closed for a while. Workers got 1 week for every year capped at 16 weeks. Management got 2 weeks for every year capped at 60 weeks. If you were management, and you had over 8 years service you got more of your salary as severance than someone with over 30 years. Guess which party drove the site into the ground.
posted on Oct 10, 2013, 2:23 PM 0
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