CTV Clip: Worldline’s John Stix reacts to Blackberry’s Downsizing

JSCTVBlackBerry shocked investors Friday afternoon as it warned of a second-quarter loss of almost $1-billion, largely related to a huge charge on unsold BB10 devices. It plans to slash 4,500 jobs, cut operating costs in half and retreat from much of the consumer market.

Beyond the ramifications for the company and the tech industry, there are also they local concerns. After the largest layoff announcement in Waterloo tech history, what’s next for all those Blackberry employees?

Worldline co-founder and CMO sees only opportunity:

http://kitchener.ctvnews.ca/video?clipId=1008563

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