NEW YORK, Oct. 25, 2021 /CNW/ — BlackBerry Limited was featured today in Newsweek‘s Most Loved Workplaces list for 2021, ranking at 50 among the top 100 companies recognized for employee happiness and satisfaction at work. Produced in collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company, the Newsweek list results were determined after surveying more than 800,000 employees from businesses with workforces varying in size from 50 to more than 10,000.
Blackberry produced both positive operating cash flow and positive free cash flow (FCF) during its recently announced fiscal second quarter. Both its cyber security division and its licensing division produced abundant revenue this past quarter. The former produced $120 million in revenue, and the latter saw sales of $15 million. The Canadian tech darling is doing well across the board and employees are feeling those effects.
“BlackBerry is proud to be recognized by Newsweek and Best Practice Institute and Most Loved institute,” said John Chen, BlackBerry Executive Chairman and CEO. “BlackBerry’s success is based on the success of our people. Throughout the pandemic we made a commitment not to furlong employees or reduce our workforce. We offer a comprehensive benefits package to ensure our employees and their families are protected against health crises they may face. This is particularly essential during these uncertain times.”
“In the wake of the pandemic, business hit hurdles in terms of retaining and attracting employees – but the companies that made this list are delivering the respect, care, and appreciation that it takes to create a positive workplace that nurtures talent,” said Nancy Cooper, Global Editor in Chief, Newsweek
“The best way to determine the strength of a company’s culture is by measuring the degree of love employees feel for their workplace,” said Louis Carter, CEO and Founder of Best Practice Institute and Most Loved Workplace.
The full Newsweek list of 2021’s Most Loved Workplaces will be featured in the magazine’s October 29 print edition and is currently available online at https://www.newsweek.com/2021/10/29/what-it-takes-become-one-americas-most-loved-workplaces-1640868.html.
To identify the top 100 companies for the Newsweek ranking, companies were evaluated and scored as follows: 35 percent of the initial score was based on employee survey responses; 25 percent was derived from analysis of external public ratings from sites such as Comparably, Careerbliss, Glassdoor, Indeed and Google; and 40 percent came from direct interviews with and written responses from company officials. Newsweek then conducted additional research into every company on the list, as well as the top runners up, to determine the final list of 100 companies and their ranking. (The list includes both U.S. firms and companies with a strong U.S. presence that are based overseas.)