Investment giant J.P. Morgan has announced that the firm is no longer handing out free BlackBerry handsets to all of its employees. Starting next year, some of those toiling for the bank will have to shell out their own hard earned cash to buy their own smartphone. The company hopes to save tens of millions of dollars a year by doing this. Those who want to keep their company-issued BlackBerry, will have to pay the monthly invoice for data.
J.P. Morgan is not requiring that those purchasing their own handset buy one with a particular operating system. This new move is just a small part of the bank’s new focus on cutting expenses.
