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Keep in mind that BlackBerry Limited cut 40% of its workforce (4,500 employees) in September 2013, and in November 2013 they received a $1B cash injection from
by ihsw 13y ago
Keep in mind that BlackBerry Limited cut 40% of its workforce (4,500 employees) in September 2013, and in November 2013 they received a $1B cash injection from Fairfax Financial. If things continue to go poorly in 2014 then we can expect some more shuffling in leadership.
Competition continues to be quite fierce in the mobile handset market. Notably, where is HTC's 2013 Annual Report? Surely they're dealing with similar troubles.
- daimyoyo 13y agoThank you for mentioning the cash injection. I was starting to wonder where RIM was getting all this money they keep losing quarter after quarter.