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Is BlackBerry laying off employees from the device biz to boost software growth?

May 25, 2015    

BlackBerry Ltd has said it is laying off an undisclosed number of employees in its device business including those involved in smartphone software and applications development, reports the Wall Street Journal. This is part of BlackBerry's plan to boost sales of higher margin mobile management and security software to re-ignite growth. As it consolidates its software, hardware and applications business, the company did not specify how many employees would be affected.BlackBerry, which reported a 16.8 percent fall in quarterly revenue in March, had about 6,225 full-time employees as of Feb. 2015...

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