Blackberry layoffs, on the record
Every job cut, severance charge and restructuring Blackberry reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 2,647 to 1,749.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 2,647 | February 29, 2024 |
| 10-K for 2025 | 1,820 | February 28, 2025 |
| 10-K for 2026 | 1,749 | February 28, 2026 |
Job cuts, severance and restructuring
Our summaryThe company commenced restructuring programs to reduce annual costs in its Cybersecurity business and later separate and streamline its centralized corporate functions into Cybersecurity and IoT teams.
Word for word“During fiscal 2023 and fiscal 2024, the Company commenced restructuring programs with the objectives of reducing its annual costs and expenses relating to the Cybersecurity business, and later separating and streamlining the Company’s centralized corporate functions into Cybersecurity and IoT specific teams such that the businesses may operate independently and on a profitable and cash flow positive basis.” 10-K for 2024
Our summaryRestructuring charges covered employee termination benefits and facilities costs, with employee termination benefits of $31 million and facilities costs of $6 million incurred in fiscal 2024.
Word for word“Charges incurred 31 6 37 Cash payments made ( 16 ) ( 3 ) ( 19 ) Balance as at February 29, 2024 $ 17 $ 4 $ 21 Current portion $ 17 $ 3 $ 20 Long-term portion — 1 1 $ 17 $ 4 $ 21” 10-K for 2024
Our summaryThe company's restructuring costs reduced the workforce across R&D and outsourced contracting as part of right-sizing cost structures, rationalizing central administrative functions, and changing product and geographic offerings.
Word for word“The reduction of overall Company costs will include rationalizing and streamlining existing central administrative functions, right-sizing cost structures within both business units including R&D and outsourced contracting, changes to overall product portfolio offerings and geographies the Company operates in, and optimizing related support functions and organizational structure.” 10-K for 2024
Our summaryThe company commenced restructuring programs to reduce annual costs and expenses relating to Secure Communications, with employee termination benefits and facilities costs recorded.
Word for word“During fiscal 2025 and fiscal 2024, the Company commenced restructuring programs with the objectives of reducing its annual costs and expenses relating to Secure Communications.” 10-K for 2025
Our summaryThe company recorded restructuring charges for employee termination benefits and facilities, and streamlined centralized corporate functions into Secure Communications and QNX specific teams.
Word for word“Restructuring costs relate to employee termination benefits, facilities, streamlining many of the Company’s centralized corporate functions into Secure Communications (formerly “Cybersecurity”) and QNX (formerly “IoT”) specific teams, and other costs pursuant to programs to reduce the Company’s annual expenses amongst R&D, infrastructure and other functions do not reflect expected future operating expenses, are not indicative of the Company’s core operating performance, and may not be meaningful when comparing the Company’s operating performance against that of prior periods.” 10-K for 2025
Our summaryThe company reported that its restructuring program liabilities were paid down during fiscal 2025 and that the current restructuring liability remained outstanding at year end.
Word for word“Balance as at February 28, 2025 $ 7.1 $ 3.3 $ 10.4 Current portion $ 7.1 $ 2.1 $ 9.2 Long-term portion — 1.2 1.2 $ 7.1 $ 3.3 $ 10.4 The long-term portion of the restructuring liabilities is recorded at fair value, determined by measuring the remaining payments at present value using an effective interest rate of 5.3 %, and the Company recorded interest expense over time to arrive at the total face value of the remaining payments.” 10-K for 2025
Our summaryThe company recorded a fourth-quarter increase in restructuring costs within operating expenses compared with the third quarter of fiscal 2025.
Word for word“U.S. GAAP Operating Expenses Operating expenses increased by $19.4 million, or 20.9% in the fourth quarter of fiscal 2025, compared to $92.7 million in the third quarter of fiscal 2025 primarily due to an increase of $5.3 million in restructuring cost, an increase of $4.9 million credit loss provision that was subsequently written off, an increase of $4.3 million in impairment of long-lived assets, an increase of $2.9 million in the Company’s deferred share unit cost and an increase of $2.8 million in legal expense, partially offset by a decrease of $4.7 million in variable incentive plan costs.” 10-K for 2025
Our summaryThe company began restructuring programs in fiscal 2024 and fiscal 2025 to reduce its annual costs and expenses.
Word for word“During fiscal 2025 and fiscal 2024, the Company commenced restructuring programs with the objectives of reducing its annual costs and expenses.” 10-K for 2026
Our summaryThe company reported total restructuring charges for fiscal 2026, 2025 and 2024, covering employee termination benefits, facilities and other charges.
Word for word“Total charges incurred in fiscal 2026, 2025 and 2024 wer e $ 15.7 million, $ 26.1 million and $ 37.3 million, respectively, recorded within General and administrative on the Consolidated Statements of Operations.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2023-02-28 | — | $10 million | $7 million |
| 2024-02-29 | $37.3 million | $37.3 million | $19.1 million |
| 2025-02-28 | $26.1 million | $26.1 million | $36.8 million |
| 2026-02-28 | $15.7 million | — | $17.8 million |
Blackberry has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Blackberry’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-04-09. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.