Blackberry Makes Global Job Cuts

Blackberry is once again the subject of rumours about a possible take-over of its business, having already been linked to both Samsung and Apple so far this year as a potential acquisition target.

Microsoft is the latest company rumoured to be interested in the struggling smartphone vendor, with reports suggesting that it has hired investment companies to evaluate the possibility of acquiring Blackberry.

The claims emerged as Blackberry started a worldwide initiative to cut an unspecified number of jobs, as the company tries to make its device business profitable. According to reports, jobs will be lost across Blackberry’s hardware, software and applications departments.