Posted by & filed under Change, Innovation/Creativity, Leadership, Organizational Change, Technology.

Description: To generate cash to help turnaround the company, Blackberry has reached an agreement to sell most of its real estate in Canada: this includes more than 3 million square feet of space. This sale will generate nearly $550 million.

Source: Financial Post

Date: March 21, 2014

Link:  http://business.financialpost.com/2014/03/21/blackberry-ltd-reaches-deal-to-sell-most-of-its-canadian-real-estate/?__lsa=1d59-37d4

Questions for Discussion:

  1. What will become of the employees working at these places?
  2. What are some of the reasons for this sale?
  3. Could this be a way towards slowly but surely divesting the company or a way to offload unneeded assets to help reestablish itself?

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