The guys over at BerryReview just let us know some interesting news that Reuters has published some interesting info on an internal memo from John Chen with regards to the closing off of their re-structuring process. BlackBerry started their internal restructuring 3 years ago under the reins of Thorstein, and now John Chen. With the conclusion of the restructuring, let’s hope that BlackBerry gets started on what they should have been doing all these while!
We have completed the restructuring notification process, and the workforce reduction that began three years ago is now behind us. More importantly, barring any unexpected downturns in the market, we will be adding headcount in certain areas such as product development, sales and customer service, beginning in modest numbers,” said Chen, who personally thanked those that have stayed with the company through the process.
In the memo, Chen also told employees that he believes BlackBerry is now well on its way to recovery and that he is confident the company will meet its goal of being cash flow positive by the end of the current fiscal year.
He noted also BlackBerry, which had previously said it was trimming its workforce down to 7,000 from a peak of over 17,500 in 2011, is now in a position to make strategic acquisitions to strengthen areas that are likely to drive future revenue growth.
Chen stressed in the memo there was “no margin for error to complete BlackBerry’s turnaround to success”, and he called on employees to remain focused as the company rolls out an upgrade to its device management system and its new Passport and Classic devices this fall.
