BlackBerry

BlackBerry’s internal restructuring process is now “completed,” according to leaked memo

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BlackBerry’s three-year-long internal restructuring process is now “completed,” according to a leaked memo sent to all BlackBerry employees and obtained by Reuters.

The company could also soon begin hiring again in some areas.

The memo, sent by BlackBerry CEO John Chen to all employees, reads:

“We have completed the restructuring notification process, and the workforce reduction that began three years ago is now behind us.”

“More importantly, barring any unexpected downturns in the market, we will be adding headcount in certain areas such as product development, sales and customer service, beginning in modest numbers.”

The prospect of BlackBerry beginning to take on new employees follows a series of job cuts over the past year, the most significant of which laid off around 4,600 employees.

In the memo, Chen told employees that he believes BlackBerry is now well on its way to recovery and that he is confident the company will meet its goal of being cash flow positive by the end of the current fiscal year.

He noted also BlackBerry, which had previously said it was trimming its workforce down to 7,000 from a peak of over 17,500 in 2011, is now in a position to make strategic acquisitions to strengthen areas that are likely to drive future revenue growth.

Chen stressed in the memo there was “no margin for error to complete BlackBerry’s turnaround to success”, and he called on employees to remain focused as the company rolls out an upgrade to its device management system and its new Passport and Classic devices this fall.[signoff predefined=”Enjoy this?” icon=”icon-users”][/signoff]

Via

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