Syrah Chaetau
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BlackBerry is Going to Restructuring

BlackBerry (BBRY) expects to take at least $400M in charges through the end of the year as part of a restructuring in which it's slashing 40% of its workforce. The figure is up from an initial estimate of $100M. The take-up of BES, a new business-focused offering, is "slower than anticipated," while the company is even beginning to suffer in emerging markets, which had been its one remaining bright spot.