BlackBerry seems to be facing a grim end as it says it will get rid 4,500 jobs across the country. Analyst everywhere are predicting the worst in the face of this news and a loss of as much of $1 billion in the latest quarter. It will probably be applied to writedowns of handsets that remain unsold. The cuts amount to just over 35 per cent of Waterloo-based BlackBerry’s workforce of 12,700. The company is down 24 per cent today.
