BlackBerry Cuts Cylance Spend to Focus on Profitable Areas
Company Shifts Cyber Focus to QNX and Secure Communications as Key Growth Drivers
As Cylance continues to incur significant losses, BlackBerry is reallocating resources toward its more promising QNX and secure communications teams. The company expects its cybersecurity unit to stabilize and become profitable by the end of the fiscal year, thanks to strategic bets and cost cuts.
As Cylance continues to incur significant losses, BlackBerry is reallocating resources toward its more promising QNX and secure communications teams. The company expects its cybersecurity unit to stabilize and become profitable by the end of the fiscal year, thanks to strategic bets and cost cuts.