Phone company BlackBerry could survive as a much smaller player, an analyst has told Reuters, after it announced that it would cut around 40% of its global workforce.
BGC Partners analyst Colin Gillis said: "This is the end of the BlackBerry as we know it.
"This is a major pivot. They are cutting half of their employees and they're going to focus on becoming a niche player focused on the enterprise."
He added: "The company has sailed off a cliff...What do you expect when you announce you're up for sale? Who wants to commit to a platform that could possibly be shut down?"
More top news
The former leader of Hong Kong Donald Tsang has been jailed for 20 months after being convicted of corruption over a luxury apartment.
Girls born in South Korea in 2030 are predicted to be the first to break the 90 barrier, according to researchers from Imperial College.
Hundreds of hotels in the UK have poor food hygiene ratings, some which need improvement urgently, but are withholding them from the public.