HTC to slice 1,500 from workforce

Even the Vive wasn't enough to keep HTC intact.
Even the Vive wasn’t enough to keep HTC intact.

Taiwan smartphone maker HTC is making a cut of the most painful kind — by slicing 20 percent of its workforce. The decision to swallow the bitter pill comes in the wake of heavy losses and strong competition.

Besides having to compete with behemoths Apple and Samsung, HTC has to contend with a number of China brands that are making their presence felt across the world.

Even the US$1.1 billion deal with Google to take 2,000 research and development staff and make Pixel phones was insufficient for the company.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.