What Do Last Week’s Layoffs Really Mean for BlackBerry?

It’s not the number of layoffs that are the issue. It’s the type of people the company’s letting go.

| More on:
The Motley Fool

Since its peak of around $133 back in the summer of 2008, BlackBerry‘s  (TSX:BB) falling share price has scared a lot of investors away.  And if the news from last week is any indication, investors would do well to stay away. In the following video, Motley Fool analyst Lyons George discusses why the latest round of layoffs at the Canadian smartphone company are particularly troubling — and why even the most courageous of value investors should think twice before reaching for BlackBerry.

Not all Canadian companies are as volatile as BlackBerry.  For a profile of some of the best this country has to offer click here now and download our FREE report “5 Stocks to Replace Your Canadian Index Fund”.  One of the 5 just got taken out a huge premium.  Click here now to learn about the other 4, at no charge!

The Motley Fool’s purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool Canada’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead.

Follow us on Twitter and Facebook for the latest in Foolish investing.

This post was created by Fool.com contributor Lyons George.   

Fool contributor Lyons George does not own shares of any of the companies mentioned at this time.  David Gardner owns shares of Apple and Google.  Tom Gardner owns shares of Google.  The Motley Fool owns shares of Apple and Google.          

More on Investing

Business success of growth metaverse finance and investment profit graph concept or development analysis progress chart on financial market achievement strategy background with increase hand diagram
Dividend Stocks

On a Scale of 1 to 10, These Dividend Stocks Are Underrated

Restaurant Brands International (TSX:QSR) and another cheap dividend stock to buy.

Read more »

monthly calendar with clock
Dividend Stocks

How to Use Your TFSA to Earn $700 per Month in Tax-Free Income

Turn your TFSA into a steady, tax‑free monthly paycheque, Here’s a simple plan and why APR.UN fits the bill.

Read more »

telehealth stocks
Tech Stocks

Well Health Stock: Buy, Sell, or Hold In 2026

Down over 50% from all-time highs, Well Health stock offers significant upside potential to shareholders in December 2025.

Read more »

ETFs can contain investments such as stocks
Investing

Canadian Investors: 2 International ETFs for Easy Diversification and Income

Consider buying Vanguard FTSE Developed All Cap ex North American Index ETF (TSX:VIU) and another international ETF for the long…

Read more »

The sun sets behind a power source
Dividend Stocks

1 Safer Dividend Stock I’d Stash Away in a TFSA

Fortis (TSX:FTS) stock could stand tall in 2026 as volatility looks to hit hard.

Read more »

A close up color image of a small green plant sprouting out of a pile of Canadian dollar coins "loonies."
Dividend Stocks

10 Years From Now You’ll Be Glad You Bought These Magnificent TSX Dividend Stocks

Here are three top Canadian dividend stocks for long-term investors looking for positive total returns over the next decade.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How I’d Structure a $50,000 TFSA for Almost Constant Income

Turn a $50,000 TFSA into a dependable, tax‑free paycheque with a simple ETF mix. Here’s why VDY can anchor the…

Read more »

TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
Dividend Stocks

Transform Your TFSA Into a Cash-Crushing Machine With Just $30,000

Canadian investors should consider owning quality TSX dividend stocks in a TFSA to benefit from a growing passive income stream.

Read more »