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Exit light burns bright at BlackBerry

In its latest attempt to survive, BlackBerry has announced another shake-up—this time at the executive level.

For the first time since he was named acting CEO three weeks ago, John Chen is showing senior management the door. Chief Operating Officer Kristian Tear and Chief Marketing Officer Frank Boulben will leave the company.

BlackBerry also announced that Brian Bidulka is being replaced as CFO but will remain in an advisory role until the end of the year.

During the past few months, BlackBerry announced that it would lay off 40 percent of its staff, or about 4,500 employees.