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BlackBerry warns of major job cuts and operating loss

ExclusiveBlackBerry warns of major job cuts and operating loss

Yesterday BlackBerry announced its preliminary quarterly results and also provided an update on its plans for the business.

It says it’s expecting to make a loss of between $950 million to $995 million (up to £621 million) in the past quarter, with most of this value being written-off due to poor sales of the Z10 smartphone.

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