BlackBerry-Q10-Review-8

There has been a lot of speculation these days about BlackBerry’s future. The company announced a few weeks ago that it has formed a committee to probe “Strategic Alternatives,” the alternatives include alliances, partnerships and even a sale of the company. There hasn’t been any chatter about a partnership, speculation is focused on the sale. There is said to be thin interest for the company, some believe that it might even be broken up in parts just to be sold off. However, despite all the rumors, the Canadian government hopes that BlackBerry can “make it on their own.”

Talking to reports in Ontario, Canada’s Industry Minister James Moore said that the issues BlackBerry were approaching them with a month ago were quite different “than the news that came out yesterday.” It was rumored yesterday in a WSJ report that the company may be laying off 40 percent of its entire workforce, the job cuts are expected to affect all departments. Moore says that he wants BlackBerry to grow and “to continue to employ Canadians.” Just yesterday, BlackBerry announced its new phablet, the Z30. Its the fourth BB10 powered device it has released this year, the platform was supposed to be the company’s saviour, but it hasn’t managed to bring back its lost market share as yet.

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