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<p>Thorsten Heins, president and CEO at BlackBerry, speaks at a conference in Orlando, Fla. BlackBerry on Friday, Sept. 20, 2013 said that it will lay off 4,500 employees, or 40 percent of its global workforce.</p>

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BlackBerry posts staggering loss
September 21, 2013 9 p.m.

BlackBerry posts staggering loss

Company set to cut 4,500 workers

TORONTO - BlackBerry said Friday that it will lay off 4,500 employees, or 40 percent of its global workforce, as it reports a nearly $1 billion second-quarter loss a week earlier than the results were expected.