BlackBerry Said to Prepare for Departures as Goals Set
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BlackBerry Ltd. is preparing for an increase in executive departures as retention bonuses expire and Chief Executive Officer Thorsten Heins sets tougher targets that put managers’ jobs on the line, according to a person familiar with the Canadian smartphone maker’s plans.
One-year incentive packages offered starting last July to help get the company’s new BlackBerry 10 phones and software built and delivered on time are expiring, said the person, who asked not to be identified because the matter is private. Heins is also establishing goals for phone sales, subscriber growth and product development, the person said. Managers failing to meet the figures will face termination, the person said.