HTC to let go of 1,500 workers in Taiwan, 25% of its global headcount

Things have gone from bad to worse for HTC, and the situation is getting bleaker. According to a dispatch published today from Reuters, HTC is going to eliminate 1,500 manufacturing jobs in Taiwan. That means the company is letting go of a quarter of its remaining employees around the globe. The latest smartphone released by the company, the HTC U12+, isn't expected to generate the sales achieved by other Android manufacturers' flagship models.

In recent years, HTC has lost its way. Last year, the company received a much needed cash infusion of $1.1 billion from ...

from PhoneArena https://ift.tt/2ILRTlf