Blackberry Ltd (BBRY) Decimates Sales Department As Takeover Looms

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HFA Staff
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BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) has cut half of its sales force, according to reports emerging this morning. The ailing Canadian handset maker let “several dozen” members of its sales force go on Monday according to a report in The Wall Street Journal. The job cuts are part of a wider plan to pare down BlackBerry as it heads for an acquisition. The reduction of the sales force at BlackBerry doesn’t bode well for the company’s future, nor does it say much for the sales of its BB10 smart phones. The company is more than likely going to be bought out…

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