BlackBerry’s Extra Office Space

The following article discusses Blackberry’s current situation. At the moment Blackberry owns around %15 of the total office market in Canada. As it lays off many workers as part of its attempts to reduce costs Blackberry is left with enormous amounts of unused office space. Blackberry is attempting to sell and rent some of their office space however demand for this size office space nowadays is very low. Blackberry should attempt to use its existing operations, manufacturing and development facilities in order to make profit. Blackberry has the resources to invest in new and upcoming startup companies or support new high tech companies by renting them space or resources for instance. In spite of the fact that Blackberry is struggling on the market these days it still hold onto 1.6 million square feet of office space, which if used in the right way and led to the right direction, could provide Blackberry with a large income from existing assets.

Leave a Reply

Your email address will not be published. Required fields are marked *