New Acquisition rumors as Blackberry announces layoffs...
BlackBerry Announces Layoffs in Handset Division Amidst Microsoft Acquisition Rumors
Rumors have started to emerged about a possible BlackBerry acquisition by big companies like Microsoft, Lenovo and Xiaomi. Even Samsung was rumored to be interested in acquiring the Canadian company earlier this year.
While BlackBerry reps have denied to comment on these rumors, it looks like the company isn't on the path to grow as John Chen's latest statements might have suggested.
On Saturday, BlackBerry announced that it would lay off workers in the mobile division in order to consolidate its business. However, the company failed to share details on how many employees around the globe were affected by this decision.
BlackBerry has already issued an official statement on the matter, which doesn't really shed light on the real reasons behind the layoff.
“As a result, we have made the decision to consolidate our device software, hardware and applications business, impacting a number of employees around the world.
“We know that our employees have worked hard on behalf of our company and we are grateful for their commitment and contributions,” said BlackBerry in the said statement.
BlackBerry Passport and Classic sales are disappointing
The Canadian company seems to be determined to continue to take any decisions that would enable it to survive the onslaught of Android and iOS.
Unfortunately, BlackBerry Passport and Classic sales don't help at all with the company's strategy, so an acquisition would be the next obvious step.
How long will it take BlackBerry when there's nothing else to be done? That is a question only John Chen can answer.
“We will also continue to make strategic partnerships and hires to focus on driving sales and delivering new offerings across high growth areas of our business.
“We continue to grow customer-facing teams around the world, and we continue to invest in bringing in new talent to support areas of strategic focus around software, enterprise, security and Internet of Things, for example. These investments will put us on the path to growth.”
