WATERLOO, Ont. – BlackBerry (TSX:BB) confirms it’s cutting more jobs this week as part of the second phase of its previously announced transformation plan.
There are reports that about 100 job terminations were handed out Monday in the Waterloo Region where the smartphone maker is based.
A BlackBerry spokeswoman declined to confirm how many jobs are affected or other details but issued a general statement by email.
“As previously stated, we are in the second phase of our transformation plan. As such, this week’s employee reductions, demonstrates another step forward to scale our company correctly for new opportunities in mobile computing,” BlackBerry said.
“Our evolution as a company is ongoing and is in no way easy, but we are realistic about what is required to move our transformation forward in a timely manner. We will be as transparent as possible as our plans evolve.”
There were also 250 layoffs last month in BlackBerry’s operations in Waterloo.
BlackBerry’s board of directors is also exploring strategic options, including a potential sale of the company or some of its assets.