BlackBerry

BlackBerryBlackBerry on Monday sought to reassure its restive customers and partners that it was financially stable and “here to stay,” even though it announced massive layoffs and sources say it is in talks to sell all or part of the company. In an open letter published in 30 news outlets across nine countries, the Waterloo, Ontario-based company stressed that its customers can continue to count on BlackBerry and its products, despite the challenges it is facing and the changes it is undergoing. BlackBerry’s products have struggled to compete against the likes of Apple Inc’s iPhone and the numerous devices powered by Google’s Android operating system. A new line of smartphones that run on the BlackBerry 10 operating system has also failed to re-ignite sales, prompting the company last month to announce that it would slash its global workforce by more than a third.

Read the full story at Reuters and read the open letter at CrackBerry.

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