BlackBerry cuts jobs after 1st quarter drop in phone sales

An undisclosed number of BlackBerry employees have been laid off or transferred to a new position, a spokesperson has confirmed.

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The Waterloo company declined to specify how many employees have been affected or whatoffices have been affected.

"Our intention is to reallocate resources in ways that will best enable us to capitalize on growth opportunities while driving toward sustainable profitability across all facets of our business," said a spokesperson in an emailto CBC News.

In its last quarterly reportreleased on June 23, the company reported a drop in year-over-yearsmartphone revenueto $263 millionfrom $379 million .

The company, which only recognizes revenue on devices when they're sold to customers, booked revenue on 1.1 million BlackBerry smartphonesduring the period compared to 2.6 million phones the previous year.