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Blackberry to cut 4,500 jobs amid earnings plunge

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 closed down 17% after briefly being halted following the announcement. In August, the Canadian company said it was evaluating a possible sale. In a statement on Friday, Blackberry's chief executive Thorstein Heins said: "We are implementing the difficult, but necessary operational changes announced today to address our position in a maturing and more competitive industry, and to drive the company toward profitability." "Going forward, we plan to refocus our offering on our end-to-end solution of hardware, software and services for enterprises and the productive, professional end user." 'Off a cliff' The company sai...

Apple’s iPhone 5s, iPhone 5c and iOS 7

Apple is never going to be a company that makes a phone for everybody. But with the iPhone 5s and 5c, Apple is finally offering new models for two different types of somebody. For all the ways in which the world of technology changes at a breakneck pace, there are plenty of respects in which it hardly seems to change at all. Here’s one: There’s never a shortage of people who are absolutely positive that Apple must do something right away — usually involving adding a feature or hitting a price point — to avoid being rendered irrelevant by the rest of the industry. Here’s another: Apple seems to take active pleasure in ignoring those people. While it sometimes does stuff in the general ballpark of addressing the competitive issues at hand, it does so on its own timetable, and usually not in the exact fashion the chorus of experts insists is absolutely necessary. Long ago, the theory emerged that Apple needed to offer not an iPhone but iPhones — multiple models, includi...

Meditation Will Make You Smarter (And Happier)

Meditation is probably as old as human civilization itself. While the test of time could be proof positive demonstrating the benefits of meditation, scientific study has yielded evidence that meditation is good for us as well. In this blog post, I’ll summarize widely publicized research about meditation . Dr. Herbert Benson: Meditation Research Pioneer   In the late 1960’s, Dr. Herbert Benson of Harvard Medical School conducted scientific studies to test the health benefits of meditation. (As an aside, his findings motivated me to begin my own meditation practice.) He determined that meditation could be used successfully in treating physiological problems, such as high blood pressure, heart disease and migraine headaches, as well as autoimmune diseases such as diabetes and arthritis. As they meditated, he found that his test subjects heartbeats and breathing had slowed, their blood lactate levels decreased, and their brains had increased in alpha activity, which is a sign o...

Framework for Organizational Assessment

 INDIVIDUAL DIFFERENCES THAT INFLUENCE PERFORMANCE AND EFFECTIVENESS     What Should We Assess? Kevin R. Murphy Assessment in organizations can be carried out for a variety of purposes, many with high stakes for both individuals and organizations. The stakes can be particularly high when assessments are used to make decisions about personnel selection and placementor about advancement and development of individuals once they have been hired. If assessments focus on traits, attributes, or outcomes that are not relevant to success and effectiveness, both organizations and individuals may end up making poor decisions about the fi t between people and jobs. If assessments are appropriately focused but poorly executed (perhaps the right attributes are measured, but they are measured with very low levels of reliability and precision), these assessments may lead to poor decisions on the parts of both organizations and individuals. In this chapter, I focus on b...

Five Ways to Flunk a Phone Interview

More and more hiring managers are turning to phone interviews as an initial means to narrow down applicants. Not only does this method allow recruiters to take a large candidate pool and filter it down to the top contenders, but it also cuts costs by reducing time dedicated to conducting several in-person interviews. This initial call is an opportunity for candidates to make a positive first impression, and it may be the only chance to convince a prospective employer that you are a good fit for the job. So how can you stand out from the competition? Start by avoiding these five phone interview pitfalls: Taking the call in a distracting environment:  Eliminate any and all potential background noises like screaming children and barking dogs, as well as Facebook notifications, e-mails, or text messages. Why? “Background noises can be extremely off-putting during a phone interview, so special care to eliminate these annoyances should always be taken,” explains Jackie Du...