BlackBerry Ltd (NASDAQ:BBRY) has laid off 250 workers, various reports suggests. The workers laid off are from its new product testing facility at Waterloo, Canada. BlackBerry’s laid off employees were supporting its research and development and manufacturing, efforts.
BlackBerry Ltd (NASDAQ:BBRY) is still trying hard to move on in a volatile market and has recently launched its Q5 low end mobile phone. BlackBerry last year, laid off around 5,000 employees. CEO Thorsten Heins at AGM, reiterated that BlackBerry is in the midst of a “complex transition.”