Smartphone maker HTC is laying off 22 percent of its entire workforce.
The company has seen a string of terrible quarterly results as the business has been battling poor sales and undergoing reorganization efforts in an attempt to return to profitability.
SEE ALSO:Elon Musk announces companywide Tesla layoffs in leaked emailAccording to Reuters, around 1,500 workers from HTC’s Taiwan manufacturing division will lose their jobs. These layoffs are in addition to to earlier layoffs at the company’s U.S. offices as part of part of a restructuring that combined its smartphone and VR divisions. Also, earlier this year, separate from the layoffs, HTC sold its smartphone design team to Google for $1.1 billion. The smartphone manufacturer employed 6,450 people as of June.
Mashable Light SpeedWant more out-of-this world tech, space and science stories?Sign up for Mashable's weekly Light Speed newsletter.By signing up you agree to our Terms of Use and Privacy Policy.Thanks for signing up! HTC’s market share was once made up of one in every 10 smartphone sold around the globe. But, thanks to ramped up competition from other smartphone makers like Apple and Samsung, the company has now found themselves struggling as revenue and sales continue in a downward spiral.
Will HTC be able to reverse course? Only time will tell.
Featured Video For You
If you're tired of oversized smartphones, try this teeny one on for size
顶: 2踩: 5718
HTC lays off nearly a quarter of its entire workforce
人参与 | 时间:2024-09-21 22:53:39
相关文章
- Keurig K Mini deal — get $30 off at Target
- 买手机求推荐(我想要买个手机!有没有推荐的!)
- 联想p707手机有座充吗?
- 工商卡有年费吗几月扣(工商卡有年费吗)
- Spaceship tech slashes energy usage of existing AC systems
- 苹果手机插上耳机没有声音怎么回事(苹果手机突然没声音耳机插上也没有声音怎么办)
- 苹果6手机丢了如何定位找回(如何给苹果五手机丢失怎么找回定位)
- 诺基亚n70游戏下载(诺基亚N70)
- Yoon touts pension reform drive amid stagnant popularity rating
- 苹果手机如何引用今日头条视频(苹果手机如何引导开机)
评论专区