BlackBerry may cut up to 40 percent of its workforce, according to The Wall Street Journal.
The company will look to cut across different departments and the trimming may occur in different phases, the Journal reported, citing anonymous sources. BlackBerry had 12,700 employees as of March.
The company declined to comment specifically on the report.
"We will not comment on rumors and speculation. As previously stated, we are in the second phase of our transformation plan," said a representative. "Organizational moves will continue to occur to ensure we have the right people in the right roles … Read more