BlackBerry's Latest Round Of Job Cuts Do Little To Address Its Real Problem

The layoffs come just about a month after the company said that it was considering closing offices in Sweden, in a move that would reduce its headcount by about 100 employees. However, the current round of job cuts is unlikely to have a particularly positive impact on BlackBerry's valuation or the general sentiment around the stock, given that the company's real problem at the moment is not high costs but weak revenue growth.