BlackBerry Closing Halifax Office, Laying Off 300 More Employees
BlackBerry is permanently shutting down its Atlantic-Canada offices. In January, its Halifax offices will close, eliminating more than 300 jobs. The Waterloo-based smartphone pioneer says it will offer up to 35 employees at-home positions, but that represents a mere 10% of the 350-plus workers BlackBerry employed in the region. "We know that our employees in the Halifax area have worked hard on behalf of our company and we are grateful for their commitment and contributions," the company said in a statement. "This is difficult news for them and for the Halifax community. However, these changes are necessary in order to refocus our business to drive the company towards profitability and success in a maturing and more competitive mobile industry." This week BlackBerry is also laying off roughly 300 employees in its hometown of Waterloo. BlackBerry's Halifax offices opened in 2008. Posted by Techvibes Newsdesk October 10th, 2013 The company plans to eliminate a total of 4,500 jobs, or 40% of its workforce, over the next three quarters. Fairfax Financial Holdings is leading a consortium of investors that has offered $4.7 billion to acquire all of BlackBerry, a deal which the Waterloo-based smartphone pioneer eagerly accepted. However, the deal is far from done, and based on BlackBerry's stock price—which is trading below the $9-per-share cash offer Fairfax placed—investors have little faith in the acquisition actually completing. Rumours have swirled about other potential suitors. According to unidentified sources recently cited by Reuters, tech giants Cisco, Google, and SAP are all in talks with BlackBerry about buying parts or all of BlackBerry. Other potential acquirers that have been mentioned include LG, Intel, and Samsung—even though the latter has explicitly stated it's not interested in the Canadian firm. BlackBerry last month reported a $1 billion tax loss.