BlackBerry announced today a new round of layoffs as it again looks to move resources towards its software divisions. This is the second time BlackBerry has cut jobs this year. At the end of May, BlackBerry announced layoffs worldwide to an unspecified number of employees. BlackBerry has decided to keep the number of job cuts unknown to the public this time as well.
The company released a brief statement about the job cuts stating the cuts are a result of reallocating resources:
“As BlackBerry moves into the next stage of its turnaround, we remain focused on driving efficiencies across our global workforce. Our intention is to reallocate resources in ways that will best enable us to capitalize on growth opportunities while driving toward sustainable profitability across all facets of our business. As a result, some employees have been impacted. We know that our employees have worked hard on behalf of our company and we are grateful for their commitment and contributions.”
These new “growth opportunities” are software related. We know this after the last earnings report back in June. So while BlackBerry is definitely still hiring, they’re doubling down on their software focus. Whether people like to admit it or not, they are moving away from hardware little by little. The company reported just 1.1 million devices sold last quarter, so while it’s still not leaving the smartphone market, BlackBerry will raise some eyebrows – and rightly so – by this continued shift away from devices.