{"id":37192,"date":"2013-10-02T12:19:15","date_gmt":"2013-10-02T16:19:15","guid":{"rendered":"http:\/\/countingpips.com\/?p=37192"},"modified":"2013-10-02T12:19:15","modified_gmt":"2013-10-02T16:19:15","slug":"video-blackberry-boosts-restructuring-charge-estimate-to-400-million","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2013\/10\/02\/video-blackberry-boosts-restructuring-charge-estimate-to-400-million\/","title":{"rendered":"VIDEO: BlackBerry Boosts Restructuring Charge Estimate To $400 Million"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><script language=\"javascript\" type=\"text\/javascript\" src=\"http:\/\/player.grabnetworks.com\/js\/Player.js?id=1767162&#038;content=v6f62fcce8ed04054fc9cf45b19804df6a376f3f5&#038;width=542&#038;height=304&#038;tgt=grabnetworks\"><\/script><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>TORONTO (Reuters) &#8211; BlackBerry Ltd expects to take $400 million in pre-tax charges related to cost-cutting, quadruple its estimate of $100 million earlier this year, the smartphone maker said in a regulatory filing late on Tuesday. The company expects to spend $400 million in severance, &#8220;network simplification costs&#8221; and other expenses in this fiscal year and the first quarter of next year combined. In the first quarter it said it would take charges of $100 million for the current fiscal year, ending March 1, 2014. &#8230;<\/p>\n<p><img src='http:\/\/images.grab-media.com\/wochit_business\/2013\/10\/02\/2b538474c2f09b4f4995dc5905e6da09c801afc0_thumbnail.jpg' \/><\/p>\n<p><!--post_img[http:\/\/images.grab-media.com\/wochit_business\/2013\/10\/02\/2b538474c2f09b4f4995dc5905e6da09c801afc0_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO (Reuters) &#8211; BlackBerry Ltd expects to take $400 million in pre-tax charges related to cost-cutting, quadruple its estimate of $100 million earlier this year, the smartphone maker said in a regulatory filing late on Tuesday. The company expects to spend $400 million in severance, &#8220;network simplification costs&#8221; and other expenses in this fiscal year &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2013\/10\/02\/video-blackberry-boosts-restructuring-charge-estimate-to-400-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VIDEO: BlackBerry Boosts Restructuring Charge Estimate To $400 Million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-37192","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/37192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=37192"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/37192\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=37192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=37192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=37192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}