HTC to lay off 1,500 employees from its Taiwan division in an effort to save money
July 2, 2018 | Uncategorized
HTC is laying off 1,500 workers from its Taiwan manufacturing division in an effort to recover from months of poor quarterly results and try to return the long-struggling smartphone manufacturer to profitability, via Engadget.
As noted by Bloomberg Taipei’s Samson Ellis, the layoffs are downsizing 22 percent of HTC’s entire workforce, marking a significant reduction of the company as it tries to reorganize itself to better weather the future.
June 26: @htc says it will return to profitability this year
July 2: @htc says it will cut its Taiwan workforce by 1,500 people (about 22% of total employees)— Samson Ellis (@samsonellis) July 2, 2018
It’s important to note that these 1,500 employees aren’t coming from the 2,000 workers from…
