Blackberry has announced it is planning to cut 4,500 jobs, or 40% of its worldwide workforce, in an attempt to staunch huge losses.
The smartphone maker said it anticipated a loss of as much as $995m (£621m) when it reports its second-quarter earnings next week.
Shares in the firm plummeted 20% after briefly being halted following the announcement.
They've got no USP now. Apple and Android have mopped up the user market.
Samsung is moving in the government high assurance stuff and Microsoft is gaining more traction through Nokia. Now everyone is looking at RIM and thinking "Just WTF are you for?".
A £600 Z30 handset is hardly going to set the world alight for RIM now.