Hello Guest, welcome to torrentinvites.org - Your #1 source for Torrent Invites!
CLICK HERE to register for free and gain full access to TI.org!
Torrent Invites! Buy, Trade, Sell Or Find Free Invites, For EVERY Private Tracker! HDBits.org, BTN, PTP, MTV, Empornium, Orpheus, Bibliotik, RED, IPT, TL, PHD etc!
-
Power User
HTC to axe about a quarter of its global workforce
Smartphone-maker HTC is to cut 1,500 jobs in Taiwan, about a quarter of its global workforce.
The job cuts are part of a "realignment of resources" across the organisation, the company said in a statement.
The Taiwanese company has had a tough time competing with the likes of Apple and Samsung.
The job cuts are the latest sign that HTC, once a major player in the smartphone market, is struggling to keep afloat in a competitive industry.
"Today's reduction in manufacturing workforce announced by HTC is a decisive step in the realignment of resources across the organization, and will allow more flexible operations management," HTC said in a statement.
HTC and Alphabet's Google struck a $1.1 bn deal last year - a move that some took as a sign that HTC needed extra money to keep going.
Under the deal, half of HTC's smartphone research and development team - about 2,000 people - would go to Google.
HTC manufactures Google's smartphones, the Pixel and Pixel XL.
The company reported a 55.5% drop in April revenues year-on-year, according to Reuters.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules