[UPDATED] BlackBerry planning more layoffs according to reports

Thorsten Heins

BlackBerry is eyeing up another round of lay-offs as part of its restructuring, according to The Wall Street Journal.

The Wall Street Journal cites those ‘familiar with the matter’, saying that the cuts would affect middle management across the sales and support divisions of BlackBerry. These lay-offs would come on top of the 5000 job cuts already planned during the last fiscal year.

One person who has already lost his job to the cuts is Richard Piasentin, BlackBerry’s vice president of sales in the U.S. The WSJ’s sources say that the US sales VP was fired in June.

One person already hit by a job loss is Richard Piasentin, BlackBerry’s vice president of sales in the U.S. The Journal’s sources say the U.S. sales chief was fired in June.

When asked for a comment by TNC, a BlackBerry spokesperson said that “I can confirm that as of last month Richard Piasentin is no longer with BlackBerry. We wish him all the best in his future endeavours.”

The spokesperson also stated that “we don’t comment on rumor and speculation” when asked about impending job losses.

Along with the job losses, some board members are also leaving. At its shareholders meeting on Tuesday, the company announced that John Wetmore and former chairman John Richardson will not be pursuing re-election to the board.

BlackBerry CEO, Thorsten Heins continues to face pressure from unhappy investors who continue to question the company’s strategy and its poor performances. For the first fiscal quarter, BlackBerry turned in a loss whilst Wall Street anticipated that BlackBerry would turn a small profit. The company also expects a loss for the current quarter.

One certain shareholder at the shareholders meeting said that the roll-out of the BlackBerry Z10 was a “disaster”. Another member asked why the company was having a hard time in the US market.

Heins pinned the blame on U.S. carriers, whom he said promote only the hottest devices, such as the iPhone and Samsung’s Galaxy line-up.

Source – CNET